About CredIn
CredIn is a company based in Vadodara (India) founded in 2018 by Birju Naik and Rupesh Bishnoi.. CredIn has raised $1.14 million across 5 funding rounds from investors including GAIL. The company has 79 employees as of April 07, 2024. CredIn operates in a competitive market with competitors including KrazyBee, Bueno Finance, Suriya Chits, Amros and BhavithaSri Chits, among others.
- Headquarter Vadodara, India
- Employees 79 as on 07 Apr, 2024
- Founders Birju Naik, Rupesh Bishnoi
- Stage Minicorn
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Sectors
Financial Services
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Phone
*********
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Website
*********
- Legal Name Upkram Technologies Private Limited
- Date of Incorporation 25 Feb, 2019
- Jurisdiction Ahmadabad City, Gujarat, India
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Annual Revenue
$286.29 K (USD)90.95as on Mar 31, 2023
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Net Profit
$-186.11 K (USD)-27.96as on Mar 31, 2023
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EBITDA
$-118.56 K (USD)-17.9as on Mar 31, 2023
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Total Equity Funding
$1.14 M (USD)
in 5 rounds
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Latest Funding Round
$181.45 K (USD), Seed
Jun 23, 2023
- Investors
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Employee Count
79
as on Apr 07, 2024
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Funding Insights of CredIn
CredIn has successfully raised a total of $1.14M across 5 strategic funding rounds. The most recent funding activity was a Seed round of $181.45 thousand completed in June 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 5
- Last Round Seed — $181,445
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First Round
First Round
(26 Feb 2020)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2023 | Amount | Seed - CredIn | Valuation | GAIL |
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| Jan, 2023 | Amount | Angel Round - CredIn | Valuation |
investors |
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| Mar, 2022 | Amount | Angel Round - CredIn | Valuation |
investors |
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| 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 CredIn
CredIn has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include GAIL. 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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Natural gas exploration, production, transmission, marketing, and processing are conducted.
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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 CredIn
| 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 - CredIn
| 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 |
Credin Comparisons
Competitors of CredIn
CredIn 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 KrazyBee, Bueno Finance, Suriya Chits, Amros and BhavithaSri Chits, 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 |
Non-banking financial company focuses on providing credit solutions
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| domain | founded_year | HQ Location |
Provider of personal loans services
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| domain | founded_year | HQ Location |
Suriya Chits offers comprehensive personal loan services to individuals.
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| domain | founded_year | HQ Location |
Offers instant personal loans with digital application and easy EMIs.
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| domain | founded_year | HQ Location |
Offers comprehensive personal loan services to meet individual financial needs.
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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 CredIn
When was CredIn founded?
CredIn was founded in 2018 and raised its 1st funding round 2 years after it was founded.
Where is CredIn located?
CredIn is headquartered in Vadodara, India. It is registered at Vadodara, Gujarat, India.
Is CredIn a funded company?
CredIn is a funded company, having raised a total of $1.14M across 5 funding rounds to date. The company's 1st funding round was a Angel Round of $361.73K, raised on Feb 26, 2020.
How many employees does CredIn have?
As of Apr 07, 2024, the latest employee count at CredIn is 79.
What is the annual revenue of CredIn?
Annual revenue of CredIn is $286.29K as on Mar 31, 2023.
What does CredIn do?
CredIn, based in Vadodara, focuses on offering financial products and advice, consumer and sme loans, consumer loans, and personal loans. Provider of personal loans. The company prioritizes operational excellence, innovation, and customer-centric approaches for success. It continues to evolve, meeting industry challenges with strategic approaches.
Who are the top competitors of CredIn?
CredIn's top competitors include KrazyBee, Bueno Finance and BhavithaSri Chits.
Who are CredIn's investors?
CredIn has 1 investor. Key investors include GAIL.
What is CredIn's valuation?
The valuation of CredIn is $1.93M as of Jun 2023.