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
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Sectors
Financial Services
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Credila Financial Services Limited
- Date of Incorporation 01 Feb, 2006
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$84.55 M (USD)23.53as on Mar 31, 2019
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Net Profit
$14.23 M (USD)16.68as on Mar 31, 2019
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EBITDA
$75.26 M (USD)26.57as on Mar 31, 2019
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Latest Funding Round
$100 M (USD), Debt – Conventional
Apr 09, 2024
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Investors
HDFC
& 3 more
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Employee Count
516
as on Mar 27, 2024
- Acquired by
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Funding Insights of Credila
- Total Funding Total Funding
- Total Rounds 1
- Last Round Debt – Conventional — $100.0M
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First Round
First Round
(09 Apr 2024)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2024 | Amount | Debt – Conventional - Credila | Valuation |
investors |
| 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 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. 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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Investment firm focusing on private equity in sectors like financial services and healthcare.
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Founded Year | Domain | Location | |
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Private equity and real estate investment firm
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Founded Year | Domain | Location | |
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A leading bank in Singapore, offering diverse financial services.
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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 Credila
| 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 - Credila
| 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 |
Credila Comparisons
Competitors of Credila
| 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 Credila
When was Credila founded?
Credila was founded in 2006 and raised its 1st funding round 18 years after it was founded.
Where is Credila located?
Credila is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Who is the current CEO of Credila?
Arijit Sanyal is the current CEO of Credila.
How many employees does Credila have?
As of Mar 27, 2024, the latest employee count at Credila is 516.
What is the annual revenue of Credila?
Annual revenue of Credila is $84.55M as on Mar 31, 2019.
What does Credila do?
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).
Who are Credila's investors?
Credila has 4 investors. Key investors include HDFC, DBS Bank, BPEA EQT, and ChrysCapital.
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