About CreditMantri
CreditMantri is a company based in Chennai (India) founded in 2012 by Rajasundaram Sudarshan, Gowri Thyagarajan Mukherjee, and Ranjit Punja.. CreditMantri has raised $14.28 million across 5 funding rounds from investors including Accion, Quona and Elevar Equity. The company has 335 employees as of April 07, 2024. CreditMantri offers products and services including Credit Score Service, Loan Application Service, and Credit Card Service. CreditMantri operates in a competitive market with competitors including OneScore, Clear Score, SkorLife, Credit Information Bureau and Experian, among others.
- Headquarter Chennai, India
- Employees 335 as on 07 Apr, 2024
- Founders Rajasundaram Sudarshan, Gowri Thyagarajan Mukherjee, Ranjit Punja
- Stage Minicorn
-
Sectors
Financial Services
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Creditmantri Finserve Private Limited
- Date of Incorporation 27 Mar, 2012
- Jurisdiction Chennai, Tamil Nadu, India
-
Annual Revenue
$5.38 M (USD)64.63as on Mar 31, 2023
-
Net Profit
$344.08 K (USD)60.45as on Mar 31, 2023
-
EBITDA
$378.14 K (USD)38.26as on Mar 31, 2023
-
Total Equity Funding
$14.28 M (USD)
in 5 rounds
-
Latest Funding Round
$809.17 K (USD), Series B
May 22, 2020
-
Investors
Accion
& 6 more
-
Employee Count
335
as on Apr 07, 2024
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of CreditMantri
CreditMantri offers a comprehensive portfolio of products and services, including Credit Score Service, Loan Application Service, and Credit Card Service. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Provides free online checks and reports for improving credit health.
Facilitates applications for personal and business loans with lender matching.
Offers access to credit cards and eligibility checks for users.
Funding Insights of CreditMantri
CreditMantri has successfully raised a total of $14.28M across 5 strategic funding rounds. The most recent funding activity was a Series B round of $809.17 thousand completed in May 2020. 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 Series B — $809,167
-
First Round
First Round
(19 May 2015)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2020 | Amount | Series B - CreditMantri | Valuation | Accion | |
| Jun, 2019 | Amount | Series B - CreditMantri | Valuation | Trifecta Capital |
|
| Jan, 2019 | Amount | Series B - CreditMantri | Valuation | Accion , Chiratae Ventures |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in CreditMantri
CreditMantri has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include Accion, Quona and Elevar Equity. 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 |
|---|---|---|---|---|
|
Venture capital firm
|
Founded Year | Domain | Location | |
|
Investing in early growth for inclusive businesses in education, healthcare, and e-commerce.
|
Founded Year | Domain | Location | |
|
Venture capital fund focused on seed-stage startups
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by CreditMantri
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - CreditMantri
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Creditmantri Comparisons
Competitors of CreditMantri
CreditMantri 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 OneScore, Clear Score, SkorLife, Credit Information Bureau and Experian, 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 |
Free credit scores and personalized improvement insights are provided.
|
|
| domain | founded_year | HQ Location |
Credit scores and reports are accessed by individuals online.
|
|
| domain | founded_year | HQ Location |
Developer of a platforms offering credit score checks
|
|
| domain | founded_year | HQ Location |
Credit scoring data and customer information provider
|
|
| domain | founded_year | HQ Location |
Credit information and analytical tools are provided for risk management.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Creditmantri
Frequently Asked Questions about CreditMantri
When was CreditMantri founded?
CreditMantri was founded in 2012 and raised its 1st funding round 3 years after it was founded.
Where is CreditMantri located?
CreditMantri is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
Who is the current CEO of CreditMantri?
Ranjit Punja is the current CEO of CreditMantri. They have also founded this company.
Is CreditMantri a funded company?
CreditMantri is a funded company, having raised a total of $14.28M across 5 funding rounds to date. The company's 1st funding round was a Series B of $3.22M, raised on May 19, 2015.
How many employees does CreditMantri have?
As of Apr 07, 2024, the latest employee count at CreditMantri is 335.
What is the annual revenue of CreditMantri?
Annual revenue of CreditMantri is $5.38M as on Mar 31, 2023.
What does CreditMantri do?
Founded in 2012 and based in Chennai, India, CreditMantri operates as a fintech platform focused on credit score management. Proprietary technology is utilized to examine users credit histories and assess worthiness. Services include score access, guidance for health improvement, issue resolution, borrowing cost reduction, and tailored loan recommendations, all delivered through a mobile application.
Who are the top competitors of CreditMantri?
CreditMantri's top competitors include OneScore, SkorLife and Clear Score.
What products or services does CreditMantri offer?
CreditMantri offers Credit Score Service, Loan Application Service, and Credit Card Service.
Who are CreditMantri's investors?
CreditMantri has 7 investors. Key investors include Accion, Quona, Elevar Equity, IDG Capital, and Chiratae Ventures.
What is CreditMantri's valuation?
The valuation of CreditMantri is $21.27M as of May 2020.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.