About CredFine
CredFine is a company based in Mumbai (India) founded in 2020 by Harmesh Kishan Suri was acquired by Square Yards in December 2022.. The company has 20 employees as of March 29, 2024. CredFine operates in a competitive market with competitors including Epimoney, IndiaLends, Tala, i2i and TrillionLoans, among others.
- Headquarter Mumbai, India
- Employees 20 as on 29 Mar, 2024
- Founders Harmesh Kishan Suri
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Sectors
Financial Services
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Phone
*********
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Website
*********
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Social
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- Legal Name Credfine Digital India Private Limited
- Date of Incorporation 07 Jan, 2020
- Jurisdiction Thane, Maharashtra, India
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Annual Revenue
$592.25 (USD)-99.87as on Mar 31, 2023
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Net Profit
$-101.79 (USD)99.9as on Mar 31, 2023
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EBITDA
$-191.39 (USD)99.81as on Mar 31, 2023
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Latest Funding Round
- Investors
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Employee Count
20
as on Mar 29, 2024
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Acquired by
Square Yards
(Dec 01, 2022)
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Funding Insights of CredFine
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in CredFine
CredFine has secured backing from 1 investor. Prominent investors backing the company include Square Yards. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Technology platform for real estate transactions and mortgages is provided.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by CredFine
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - CredFine
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Credfine Comparisons
Competitors of CredFine
CredFine 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 Epimoney, IndiaLends, Tala, i2i and TrillionLoans, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Consumer and business loans are facilitated via an online platform.
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| domain | founded_year | HQ Location |
Online platform providing loans and credit cards from various financial institutions
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| domain | founded_year | HQ Location |
Fintech services for credit, savings, and payments are delivered globally.
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| domain | founded_year | HQ Location |
Borrowers are connected with investors through P2P lending services.
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| domain | founded_year | HQ Location |
Gold loans are facilitated via an online consumer marketplace.
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| domain | founded_year | HQ Location |
Online P2P marketplace for consumer and business loans is operated.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about CredFine
When was CredFine founded?
CredFine was founded in 2020.
Where is CredFine located?
CredFine is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
How many employees does CredFine have?
As of Mar 29, 2024, the latest employee count at CredFine is 20.
What is the annual revenue of CredFine?
Annual revenue of CredFine is $592.25 as on Mar 31, 2023.
What does CredFine do?
CredFine was founded in 2020 in Mumbai, India, within the fintech sector. A digital marketplace is operated for loan products, including personal loans, credit card loans, asset-backed loans, home loans, and business loans. Additional services such as money transfers and insurance are provided. Artificial intelligence is utilized for matching eligibility between providers, products, and consumers.
Who are CredFine's investors?
CredFine has 1 investor. Key investors include Square Yards.
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