About Creditas
Creditas is a Financial Services company based in Delhi (India) founded in 2015 by Madanagopal Srinivasan and Anshuman Panwar. Provider of customer engagement solutions to financial institutions. Creditas has raised $6.02 million across 6 funding rounds from investors including Italica, 1Crowd and United CP. The company has 361 employees. Creditas was last valued at $28.04 million in February 2024. Its Indian entity Creditas Solutions Private Limited reported revenue of ₹49.79 Cr. Its focus areas include FinTech, Banking Tech, Loan Life Cycle Management and Loan Servicing. Its competitors include CreditMate and Data Sutram; 2 of its 2 listed competitors have raised funding.
Company details
Creditas was founded in 2015 and is based in Delhi, India. Operations focus on the financial services sector, where AI-enabled solutions are offered for late-stage recovery, early-stage collections, and cross-selling. Services include data enhancement, validation, financial awareness tools, AI bots, communication engines, legal claims recovery, profiling, and business intelligence. These are tailored for institutions handling customer interactions.
- Headquarters Delhi, India
- Employees 361
- Founders Madanagopal Srinivasan, Anshuman Panwar
- Stage Minicorn
- SectorsFinancial Services
- Email••••••••
- Phone•••• ••••
- Website creditas.in
- Social LinkedIn
- Legal Name Creditas Solutions Private Limited
- Date of Incorporation 15 Nov, 2014
- Jurisdiction New Delhi, Delhi, India
- Annual Revenue₹49.79 Cr
FY 2025 · +41% YoY
- Net Loss-₹6.27 Cr
FY 2025 · -13% margin
- EBITDA-₹41 Lakh
FY 2025 · -1% margin
- Total Equity Funding$6.02M (USD)
in 6 rounds
- Latest Funding Round$3.13M (USD), Seed
Feb 2024
- InvestorsItalica
& 43 more
- Employee Count361
Associated legal entities of Creditas
Creditas is associated with 2 registered companies on The Company Check; the primary company is Creditas Solutions Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Creditas Solutions Private Limited CIN U74999HR2014PTC136333 | Active | 15 Nov 2014 | ₹49.8 Cr | 361 | 4 | View details | |
| Creditas Solutions Private Limited CIN U74999DL2014PTC273217 | 15 Nov 2014 | New Delhi, Delhi, India | View details |
Funding Insights of Creditas
Creditas has successfully raised a total of $6.02M across 6 strategic funding rounds. The most recent funding activity was a Seed round of $3.13 million completed in February 2024. 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 $6.02M
- Total Rounds 6
- Last Round Seed — $3.13M
- First Round $85,880
(Mar 2015)
- Investors Count 44
All 6 funding rounds of Creditas with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb 2024 | $3.13M | Seed | $28.04M | Asia Impact Invest | – |
| Jun 2023 | $1.94M | Seed | $8.41M | Asia Impact Invest | – |
| Jun 2017 | $604,153 | Seed | $••••• | Infina Finance | |
| Mar 2016 | $261,195 | Angel Round | $••••• | Sriniwasan Subramanian, Anirudh Malpani | |
| Jan 2016 | Seed | – | – | – | |
| Mar 2015 | $85,880 | Angel Round | $••••• | Kabita Santanliwala |
| Date | Valuation | Stage |
|---|---|---|
| Feb 2024 | $28.04M | •••••••• |
| Jun 2023 | $8.41M | •••••••• |
| Jun 2017 | $••••• | •••••••• |
| Mar 2016 | $••••• | •••••••• |
Full valuation and stage history of Creditas
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
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Verified entity values are shown only after access is granted.
Last known valuation $28.04M (Feb 2024). 44 investors in total: 7 institutional and 37 angel.
Investors in Creditas
Creditas has secured backing from 44 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Italica, 1Crowd and United CP.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
High-impact investments are managed across multiple sectors by this firm. | asia-impact.com | Chiasso, Switzerland | ||
A family office is operated from Singapore and Mumbai bases. | hhc-holdings.com | Clearwater, United States | ||
Early-stage venture capital investment firm | 2015 | 1crowd.co | Mumbai, India | |
Financial services involving loans against assets and corporate financing in India. | 2019 | infina.co.in | Mumbai, India | |
Wealth counseling services are offered for investment and financial planning. | 2005 | unitedcp.com | Newport Beach, United States | |
Italica is engaged in manufacturing and selling plastic furniture. | 1992 | italica.com | Mumbai, India | |
Technical services for multiple industries are provided by Mars Enterprises. | marsentp.com | Karachi, Pakistan | ||
BP Balasubramaniam Padmanabhan | unknown_cb1e2383bf5f4648b | |||
MG Manish Gupta | Co-founder of Pepperfry, active angel investor in Indian startups | unknown_f134acf9107041bf8 | ||
SS Sriniwasan Subramanian | unknown_f429a1a94b994321a |
Investor details for Creditas
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Board of directors of Creditas Solutions Private Limited (Creditas)
Creditas Solutions Private Limited is the primary company behind Creditas. The board of Creditas Solutions Private Limited currently have 4 directors; the longest-serving is Anshuman Panwar, appointed in 2014. 4 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Anshuman Panwar DIN 02729440 | Director | 15 Nov 2014 | 11 yrs 11 mo | Creditas Solutions Private Limited |
| Madanagopal Srinivasan DIN 02361689 | Director | 17 Nov 2014 | 11 yrs 11 mo | Creditas Solutions Private Limited |
| Christian Banno DIN 02713755 | Director | 28 Sep 2023 | 3 yrs 1 mo | Creditas Solutions Private Limited |
| Massimo Vita DIN 07863194 | Director | 28 Sep 2023 | 3 yrs 1 mo | Creditas Solutions Private Limited |
People of Creditas
3 people are tracked at Creditas (3 in leadership); the tracked headcount is 361.
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
| Co-Founder | Leadership | |
Saurabh Atrey | Chief Financial Officer | Leadership |
Complete people profiles for Creditas
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Verified entity values are shown only after access is granted.
Financials of Creditas
Figures of Creditas Solutions Private Limited, the primary company behind Creditas, for FY 2025. Revenue was ₹49.79 Cr (+41% year on year). Net loss was -₹6.27 Cr (-13% margin). EBITDA was -₹41 Lakh (-1% margin). Revenue has grown at a compounded annual rate of +21% over three years and +28% over five years.
- ₹49.79 CrRevenue · FY 2025 · +41% YoY
- -₹6.27 CrNet loss · -13% margin
- -₹41 LakhEBITDA · -1% margin
- ₹12.9 LakhPaid-up capital
- 361Employees (provident fund records)
- +21%Revenue CAGR, 3 years
- +28%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Creditas Solutions Private Limited are on its company page.
Detailed financial statements for Creditas
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Creditas
4 dated milestones of Creditas across 9 years, from founding to its latest funding, stage changes and deals.
- Founded Creditas is founded.
- Funding First funding round of $86K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Seed, of $3.1M.
Competitors of Creditas
Creditas has 2 listed competitors in our database, 2 of them funded. They include CreditMate and Data Sutram.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| creditmate.in | 2016 | Mumbai, India | $2.65M | 80 | Overdue payments are collected from borrowers for multiple lenders. | |
| datasutram.com | 2018 | Mumbai, India | $14.74M | 72 | Platform offering external data insights for enterprises across the customer lifecycle |
Detailed competitors of Creditas
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Web traffic of Creditas
The website of Creditas (creditas.in) receives about 2K visits a month.
- Monthly visits2K
▲ 15.3% vs previous month
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Related news about Creditas
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Frequently Asked Questions about Creditas
Creditas was founded in 2015.
Creditas is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Creditas is a funded company, having raised a total of $6.02M across 6 funding rounds to date. The company's 1st funding round was a Angel Round of $85.88K, raised on Mar 2015.
Creditas has 361 employees.
The primary company behind Creditas, Creditas Solutions Private Limited, reported revenue of ₹49.79 Cr for FY 2025, up 41% year on year.
Creditas was founded in 2015 and is based in Delhi, India. Operations focus on the financial services sector, where AI-enabled solutions are offered for late-stage recovery, early-stage collections, and cross-selling. Services include data enhancement, validation, financial awareness tools, AI bots, communication engines, legal claims recovery, profiling, and business intelligence. These are tailored for institutions handling customer interactions.
Creditas's top competitors include CreditMate and Data Sutram.
Creditas has 44 investors. Key investors include Italica, 1Crowd, United CP, Infina Finance, and Asia Impact Invest.
The valuation of Creditas is $28.04M as of Feb 2024.
Creditas operates through Creditas Solutions Private Limited.
The legal entities of Creditas currently have 4 directors, including Christian Banno, Massimo Vita, Anshuman Panwar and others.