About CreditEnable
CreditEnable is a company based in London (United Kingdom) founded in 2017 by Varun Sahni.. CreditEnable has raised $5.05 million across 6 funding rounds from investors including Accel, Venture Catalysts and JPIN. CreditEnable operates in a competitive market with competitors including Funding Circle, Upstart, Funding Societies, KoinWorks and Nav, among others.
- Headquarter London, United Kingdom
- Founders Varun Sahni
- Stage Minicorn
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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
*********
- Legal Name Oktober6 Ltd
- Date of Incorporation 06 Oct, 2015
- Jurisdiction CROYDON, ENGLAND
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$5.05 M (USD)
in 6 rounds
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Latest Funding Round
$2.41 M (USD), Seed
Jan 18, 2021
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Investors
Accel
& 6 more
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Employee Count
Employee Count
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Funding Insights of CreditEnable
CreditEnable has successfully raised a total of $5.05M across 6 strategic funding rounds. The most recent funding activity was a Seed round of $2.41 million completed in January 2021. 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 6
- Last Round Seed — $2.4M
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First Round
First Round
(18 Sep 2018)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2021 | Amount | Seed - CreditEnable | Valuation | Venture Catalysts | |
| Apr, 2020 | Amount | Angel Round - CreditEnable | Valuation |
investors |
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| Mar, 2020 | Amount | Seed - CreditEnable | Valuation | Accel |
| 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 CreditEnable
CreditEnable has secured backing from 7 investors, including venture fund and angel investors. Prominent investors backing the company include Accel, Venture Catalysts and JPIN. 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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Early-stage startup ecosystem is supported by Venture Catalysts in India.
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Founded Year | Domain | Location | |
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Multi sector focused full-service investment banking firm also offering VC investments
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Founded Year | Domain | Location | |
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Investments in women-led companies are made by Homage Ventures.
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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 CreditEnable
| 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 - CreditEnable
| 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 |
Creditenable Comparisons
Competitors of CreditEnable
CreditEnable 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 Funding Circle, Upstart, Funding Societies, KoinWorks and Nav, 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 |
A peer-to-peer marketplace for business loans is operated and developed.
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| domain | founded_year | HQ Location |
Diversified loans are provided via an AI-enabled online marketplace.
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| domain | founded_year | HQ Location |
Business loans are provided via a P2P marketplace platform.
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| domain | founded_year | HQ Location |
Developer of a P2P lending platform
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| domain | founded_year | HQ Location |
Business credit monitoring and financing are provided to small owners.
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| domain | founded_year | HQ Location |
Business loans are facilitated via a peer-to-peer marketplace platform.
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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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Latest news on Creditenable
Frequently Asked Questions about CreditEnable
When was CreditEnable founded?
CreditEnable was founded in 2017 and raised its 1st funding round 1 year after it was founded.
Where is CreditEnable located?
CreditEnable is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Is CreditEnable a funded company?
CreditEnable is a funded company, having raised a total of $5.05M across 6 funding rounds to date. The company's 1st funding round was a Seed of $2M, raised on Sep 18, 2018.
What does CreditEnable do?
CreditEnable was founded in 2017 in London, United Kingdom, as a digital credit marketplace in the fintech sector. SMEs are linked with lenders through its platform, which supports operations including working capital loans, cash credit, and machinery financing. Additional tools are provided for borrower credit profiling, as well as portfolio and non-performing asset management solutions.
Who are the top competitors of CreditEnable?
CreditEnable's top competitors include Funding Circle, Upstart and Funding Societies.
Who are CreditEnable's investors?
CreditEnable has 7 investors. Key investors include Accel, Venture Catalysts, JPIN, Homage Ventures, and Aditya Ghosh.
What is CreditEnable's valuation?
The valuation of CreditEnable is $23.38M as of Mar 2019.
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