Credit Fair

Mumbai, India Founded: 2018 • Age: 8 yrs Acquired By BlackSoil
Solar financing solutions are provided by Credit Fair in India.
Annual revenue - Latest available
Total funding $26.8M 8 rounds
Employees - Tracked headcount
Investors 56 Known backers
Products 4 Services tracked
Competitors 8 Brand Intelligence

About Credit Fair

Credit Fair is a company based in Mumbai (India) founded in 2018 by Vikas Agarwal and Aditya Damani was acquired by BlackSoil in July 2026. It operates as a Commission-Based. Credit Fair has raised $26.81 million across 8 funding rounds from investors including InCred, Vivriti Capital and State Bank of India. Credit Fair offers products and services including Rooftop Solar Loan, Residential Solar Loan, MSME Solar Loan, and Housing Society Solar Loan. Credit Fair operates in a competitive market with competitors including FlexiLoans, Clix Capital, InCred, DMI Finance and Niyogin, among others.

  • Headquarter Mumbai, India
  • Founders Vikas Agarwal, Aditya Damani
  • Stage Minicorn
  • Sectors
    Financial Services
  • Email
    Locked
  • Phone
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  • Website
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  • Social
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  • Legal Name K. M. Global Credit Private Limited
Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $26.81 M (USD)

    in 8 rounds

  • Latest Funding Round
    $5 M (USD), Debt – Conventional

    Feb 19, 2025

  • Investors
    InCred

    & 55 more

  • Employee Count
    Not available
  • Acquired by
    BlackSoil

    (Jul 09, 2026)

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Products & Services of Credit Fair

Credit Fair offers a comprehensive portfolio of products and services, including Rooftop Solar Loan, Residential Solar Loan, MSME Solar Loan, and Housing Society Solar Loan.

Product name locked
Category locked
Primary

Loans for solar installations are provided to customers.

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Solar loans for homes are offered with affordability.

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Solar financing for businesses is facilitated to save costs.

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Community solar loans are provided for sustainable living.

People of Credit Fair

Headcount 10-50
Employee Profiles 4
Employee Profiles
People
Mahalaxmi Srinivasan
Manager - Disbursement
People
Santosh Jha
Head - Finance & Accounting
People
Sunil Khorwal
Associate Vice President - Technology

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Funding Insights of Credit Fair

Credit Fair has successfully raised a total of $26.81M across 8 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $5 million completed in February 2025. 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.

Investors in Credit Fair

Credit Fair has secured backing from 56 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include InCred, Vivriti Capital and State Bank of India.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Impact investing is managed through private equity by Symbiotics Group.
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Investment in India's startup ecosystem through private market funds and asset management.
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Venture capital funding is provided to Indian startups.
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Investor details for Credit Fair

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  • Investor domains
  • Investor locations
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  • Participation history

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Investments & Acquisitions by Credit Fair

Investments
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Investment portfolio details for Credit Fair

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

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Financial Statements - Credit Fair

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Detailed financials for Credit Fair

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  • Profit trends
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Credit Fair Comparisons

Credit Fair Primary company
Description
Solar financing solutions are provided by Credit Fair in Ind...
Location
Mumbai, India
Founded Year
2018
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Credit Fair

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Competitors of Credit Fair

Credit Fair 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 FlexiLoans, Clix Capital, InCred, DMI Finance and Niyogin, among others.

Company Name Domain Founded year HQ Location Description
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Business loans and financial products for MSMEs are provided.
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Lending platform for consumers and businesses is provided.
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Financial services are provided, specializing in personal and business loans.
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Personal, MSME, consumption, and EV loans are provided digitally.
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Online lending marketplace for business loans
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Detailed competitors of Credit Fair

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Latest news on Credit Fair

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Complete news archive for Credit Fair

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  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about Credit Fair

Credit Fair was founded in 2018 and raised its 1st funding round 3 years after it was founded.

Credit Fair is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

Aditya Damani is the current CEO of Credit Fair. They have also founded this company.

Credit Fair is a funded company, having raised a total of $26.81M across 8 funding rounds to date.

Solar energy adoption is facilitated by Credit Fair through affordable loan options for individuals, businesses, and housing societies across India. Financing is offered with competitive interest rates, flexible repayment tenures, and a fully online application process. The focus is placed on reducing electricity costs and promoting sustainability in urban and rural areas. Support is extended through initiatives like PM Surya Ghar, with operations regulated by the Reserve Bank of India.

Credit Fair's top competitors include InCred, FlexiLoans and Clix Capital.

Credit Fair offers Rooftop Solar Loan, Residential Solar Loan, MSME Solar Loan, and Housing Society Solar Loan.

Credit Fair has 56 investors. Key investors include InCred, Vivriti Capital, State Bank of India, BlackSoil, and Branded Strategic Hospitality.

The valuation of Credit Fair is $23.1M as of Nov 2024.

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