Credila

Mumbai, India Founded: 2006 • Age: 20 yrs Acquired By BPEA EQT
Secured education loans are offered to Indian students by Credila.
Annual revenue $84.5M Latest available
Total funding - 2 rounds
Employees 516 Tracked headcount
Investors 4 Known backers
Products - Services tracked
Competitors - Brand Intelligence

About Credila

Credila is a company based in Mumbai (India) founded in 2006 was acquired by BPEA EQT in June 2023. The company has 516 employees as of March 27, 2024.

  • Headquarter Mumbai, India
  • Employees 516 as on 27 Mar, 2024
  • Sectors
    Financial Services
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Credila Financial Services Limited
  • Date of Incorporation 01 Feb, 2006
  • Jurisdiction Mumbai, Maharashtra, India
Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $84.55 M (USD)
    23.53
    as on Mar 31, 2019
  • Net Profit
    $14.23 M (USD)
    16.68
    as on Mar 31, 2019
  • EBITDA
    $75.26 M (USD)
    26.57
    as on Mar 31, 2019
  • Latest Funding Round
    Not available
  • Investors
    HDFC

    & 3 more

  • Employee Count
    516

    as on Mar 27, 2024

  • Acquired by
    BPEA EQT

    & 1 more

    (Jun 20, 2023)

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People of Credila

Headcount 1000-5000
Employee Profiles 14
Employee Profiles
People
Hitesh Parashar
Chief Business Officer
People
Rahul Erdettin
Chief Manager - Business Development
People
Anmol Raina
Marketing Manager
People
Pinak Varu
Head Transactional Legal

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Funding Insights of Credila

Investors in Credila

Credila has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include HDFC, DBS Bank and BPEA EQT.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Investment firm focusing on private equity in sectors like financial services and healthcare.
Locked Locked Locked
Private equity and real estate investment firm
Locked Locked Locked
A leading bank in Singapore, offering diverse financial services.
Locked Locked Locked
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Investor details for Credila

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

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Investments & Acquisitions by Credila

Investments
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Investment portfolio details for Credila

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  • Portfolio identities
  • Transaction dates
  • Round details
  • Investment values

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Financial Statements - Credila

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Detailed financials for Credila

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  • Profit trends
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Credila Comparisons

Credila Primary company
Description
Secured education loans are offered to Indian students by Cr...
Location
Mumbai, India
Founded Year
2006
Annual Revenue
$84.55 M (USD)
Net Profit
$14.23 M (USD)
EBITDA
$75.26 M (USD)
Employees
516
As of 2024
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Peer comparison for Credila

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Competitors of Credila

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Detailed competitors of Credila

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Latest news on Credila

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Complete news archive for Credila

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Frequently Asked Questions about Credila

Credila was founded in 2006 and raised its 1st funding round 18 years after it was founded.

Credila is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

Arijit Sanyal is the current CEO of Credila.

As of Mar 27, 2024, the latest employee count at Credila is 516.

Annual revenue of Credila is $84.55M as on Mar 31, 2019.

Credila Finance was established in 2006 in Mumbai, India, as a subsidiary of HDFC Bank. Secured education loans are provided exclusively to Indian students studying in India, the USA, or overseas. Creditworthy co-borrowers are required for all disbursals. Operations focus on the financial services sector, with assistance extended to over 90,000 students. Stakes were acquired by HDFC in November 2009 (41) and July 2010 (10).

Credila has 4 investors. Key investors include HDFC, DBS Bank, BPEA EQT, and ChrysCapital.

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