About Credence Analytics
Credence Analytics is a company based in Mumbai (India) founded in 1993 by Sandeep Chandak. The company has 133 employees. Credence Analytics offers products and services including iDEAL, iDEAL Wealth & Funds, MercuryFX, and CashTrea. Credence Analytics operates in a competitive market with competitors including Modern Treasury, Kyriba, Reval, Finlync and iGTB, among others.
- Headquarter Mumbai, India
- Employees 133
- Founders Sandeep Chandak
- SectorsFinancial ServicesTechnology
- Phone•••• ••••
- Website credenceanalytics.com
- Social LinkedIn X Facebook Instagram YouTube
- Legal Name Credence Analytics (India) Private Limited
- Date of Incorporation 25 Oct, 1999
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹20.83 Cr
FY 2025 · -4% YoY
- Net Profit₹1.9 Lakh
FY 2025 · 0% margin
- EBITDA₹41.8 Lakh
FY 2025 · 2% margin
- Employee Count133
Associated legal entities of Credence Analytics
Credence Analytics operates through Credence Analytics (India) Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Credence Analytics (India) Private Limited CIN U73100MH1999PTC122358 | Active | 25 Oct 1999 | Mumbai, Maharashtra | ₹20.8 Cr | 133 | 4 | View details |
Products & Services of Credence Analytics
Credence Analytics offers a comprehensive portfolio of products and services, including iDEAL, iDEAL Wealth & Funds, MercuryFX, and CashTrea.
Software for managing investments and fund administration.
Platform for overseeing wealth and fund operations.
Solution for handling foreign exchange transactions.
Tool for cash and treasury operations management.
Apps and channels of Credence Analytics
its YouTube channel Marketing Credence has 33 subscribers.
Board of directors of Credence Analytics (India) Private Limited (Credence Analytics)
Credence Analytics (India) Private Limited is the primary company behind Credence Analytics. The board of Credence Analytics (India) Private Limited currently have 3 directors; the longest-serving is Vijaya Simha Vidyasagar Avadhanam, appointed in 1999. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Vijaya Simha Vidyasagar Avadhanam DIN 02189529 | Managing Director | 25 Oct 1999 | 26 yrs 11 mo | Credence Analytics (India) Private Limited |
| Vivek Sinha DIN 06999312 | Director | 25 Oct 1999 | 26 yrs 11 mo | Credence Analytics (India) Private Limited |
| Karunakaran Guruprasad Chettiar DIN 01830242 | Director | 26 Oct 1999 | 26 yrs 11 mo | Credence Analytics (India) Private Limited |
People of Credence Analytics
24 people are tracked at Credence Analytics (8 in leadership, 16 in team); the tracked headcount is 133.
| Name | Role | Group |
|---|---|---|
Sandeep Chandak | Co-Founder & CEO | Leadership |
Vijay Simha | CEO | Leadership |
Manoj Vartak | SVP & Chief Product Architect | Leadership |
Anita Ananthan | SVP & CFO | Leadership |
S. Krishnakumar | SVP & Chief Principal Consultant | Leadership |
Tejas Doshi | Global Head, Sales & Business Development | Leadership |
Ujjwal Patil | VP & Group Delivery Head, APAC | Leadership |
Dipali Desai | Head, Human Resources | Leadership |
Bhavik Gohil | Assistant Software Consultant | Team |
Akshay Achuthan | Frontend Developer | Team |
Pandurang Acharya | Senior Manager Software Development & Support | Team |
Atit Shah | Software Implementation Consultant | Team |
Dherendra Kumar Singh | Back End Developer | Team |
Sagar Fernandes | Software Trainee | Team |
Vikas Prabhu | Senior Product Manager | Team |
Navnath V. Shinde | Manager - Implementation & Project Management | Team |
Sumit Agarwal | Business Analyst | Team |
Naveen Kumar | Lead Consultant | Team |
Hardik Parmar | Software Consultant | Team |
Shubham Yadav | Software Developer - API | Team |
4 more people are available in the full profile.
Complete people profiles for Credence Analytics
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Financials of Credence Analytics
Figures of Credence Analytics (India) Private Limited, the primary company behind Credence Analytics, for FY 2025. Revenue was ₹20.83 Cr (-4% year on year). Net profit was ₹1.9 Lakh (0% margin). EBITDA was ₹41.8 Lakh (2% margin). Revenue has grown at a compounded annual rate of 0% over three years and -3% over five years.
- ₹20.83 CrRevenue · FY 2025 · -4% YoY
- ₹1.9 LakhNet profit · 0% margin
- ₹41.8 LakhEBITDA · 2% margin
- ₹15.6 LakhPaid-up capital
- 133Employees (provident fund records)
- 0%Revenue CAGR, 3 years
- -3%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Credence Analytics (India) Private Limited are on its company page.
Detailed financial statements for Credence Analytics
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Verified entity values are shown only after access is granted.
Competitors of Credence Analytics
Credence Analytics operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Modern Treasury, Kyriba, Reval, Finlync and iGTB, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| moderntreasury.com | 2018 | San Francisco, United States | $183.15M | 77 | Payment processing and treasury management solutions are offered to businesses. | |
| kyriba.com | 2000 | San Diego, United States | $160.68M | 334 | Cloud-based treasury automation and risk management solutions are provided. | |
| reval.com | 1999 | New York, United States | $107.16M | 50 | Accounting and Risk Management Software | |
| finlync.com | 2015 | Paris, France | $16M | – | Delivers blockchain-based treasury management solutions to streamline business financial operations. | |
| igtb.com | 2014 | London, United Kingdom | – | 5,717 | Delivers AI-enabled global transaction banking solutions for businesses. | |
| cashfac.com | 1992 | London, United Kingdom | $11.44M | 67 | Cash management solutions are delivered via Virtual Bank Technology. | |
| planixs.com | 2011 | Manchester, United Kingdom | $4.58M | 62 | Treasury management software is provided for banks' financial operations. | |
| zandersgroup.com | 1994 | Utrecht, Netherlands | – | – | Online platform provides financial consulting solutions specialized in treasury, risk and corporate finance |
Detailed competitors of Credence Analytics
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
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Verified entity values are shown only after access is granted.
Web traffic of Credence Analytics
The website of Credence Analytics (credenceanalytics.com) receives about 2.5K visits a month.
- Monthly visits2.5K
▼ 65.5% vs previous month
Websites whose visitors overlap most with Credence Analytics. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| tatacapital.com | 100% | 2.8M | #25,533 | View details |
Latest news on Credence Analytics
Complete news archive for Credence Analytics
Full article history, source details, and older brand coverage require an active premium plan.
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Verified entity values are shown only after access is granted.
Similar companies to Credence Analytics
10 companies that operate in the same segment as Credence Analytics (Banking & FinTech Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online business banking and financial workflow tools are provided. | 2010 | San Francisco, California, United States | USD 546 M | – | – | |
Tide is recognized as a digital banking platform for businesses. | 2015 | London, England, United Kingdom | USD 221.42 M | – | – | |
Digital banking services are offered to individuals via mobile apps. | 2012 | San Francisco, California, United States | USD 3.16 B | USD 1.96 B | 1,440 | |
Banking solutions are provided for retail customers and businesses. | 2015 | London, England, United Kingdom | USD 1.99 B | – | – | |
Internet first bank for individuals and businesses | 2015 | London, England, United Kingdom | USD 1.9 B | – | – | |
Digital sustainable banking services are offered to consumers. | 2013 | Los Angeles, California, United States | USD 865 M | – | 237 | |
Digital banking services are offered to consumers and businesses. | 2014 | London, England, United Kingdom | USD 1.06 B | USD 813.42 M | 3,231 | |
Payment and banking solutions are provided to users and banks. | 2015 | San Ramon, California, United States | USD 390 M | USD 532.2 K | 3 | |
SaaS-driven credit card and spend management solutions platform for businesses | 2017 | Draper, Utah, United States | USD 1.16 B | – | 1 | |
Digital banking services are provided for individuals and businesses. | 2014 | Blyth, United Kingdom | USD 852.48 M | – | – |
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Frequently Asked Questions about Credence Analytics
Credence Analytics was founded in 1993.
Credence Analytics is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Sandeep Chandak is the current CEO of Credence Analytics. They have also founded this company.
Credence Analytics has 133 employees.
The primary company behind Credence Analytics, Credence Analytics (India) Private Limited, reported revenue of ₹20.83 Cr for FY 2025, down 4% year on year.
Credence Analytics was founded in 1993 and is headquartered in Mumbai, India. Operations focus on the financial sector, where analytics products are provided for banks, mutual funds, insurance, asset and wealth managers, trading firms, treasury management, and risk management. Research and outsourcing services are also delivered to support these areas.
Credence Analytics's top competitors include Modern Treasury, Kyriba and Reval.
Credence Analytics offers iDEAL, iDEAL Wealth & Funds, MercuryFX, and CashTrea.
Credence Analytics operates through Credence Analytics (India) Private Limited.
The legal entities of Credence Analytics currently have 4 directors, including Vijaya Simha Vidyasagar Avadhanam, Karunakaran Guruprasad Chettiar, Vivek Sinha and others.