About CreditVidya
CreditVidya is a company based in Hyderabad (India) founded in 2012 was acquired by CRED in November 2022. It operates as a FinTech. CreditVidya has raised $10.41 million across 6 funding rounds from investors including CRED, Matrix Partners India and Bharat Fund. The company has 283 employees as of April 08, 2024. CreditVidya offers products and services including Credit Underwriting Solution. CreditVidya operates in a competitive market with competitors including Borrowell, Juvo, Nova Credit, Nithio and CredoLab, among others.
- Headquarter Hyderabad, India
- Employees 283 as on 08 Apr, 2024
- Stage Minicorn
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Sectors
Financial Services
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Infocredit Services Private Limited
- Date of Incorporation 29 May, 2012
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$2.18 M (USD)-22.16as on Mar 31, 2021
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Net Profit
-$1.02 M (USD)51.83as on Mar 31, 2021
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EBITDA
-$1.39 M (USD)35.25as on Mar 31, 2021
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Total Equity Funding
$10.41 M (USD)
in 6 rounds
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Latest Funding Round
$95.77 K (USD), Series B
Dec 27, 2021
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Investors
CRED
& 16 more
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Employee Count
283
as on Apr 08, 2024
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Acquired by
CRED
(Nov 29, 2022)
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Products & Services of CreditVidya
CreditVidya offers a comprehensive portfolio of products and services, including Credit Underwriting Solution.
Credit underwriting is reimagined for better risk assessment.
People of CreditVidya
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Funding Insights of CreditVidya
CreditVidya has successfully raised a total of $10.41M across 6 strategic funding rounds. The most recent funding activity was a Series B round of $95.77 thousand completed in December 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 Series B — $95,770
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First Round
First Round
(23 Sep 2014)
- Investors Count 16
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2021 | Amount | Series B - CreditVidya | Valuation | Stride Ventures , Stride Ventures |
|
| Jan, 2019 | Amount | Series B - CreditVidya | Valuation | Bharat Innovation Fund | |
| Aug, 2017 | Amount | Series B - CreditVidya | Valuation | Z47 , Matrix Partners India |
Investors in CreditVidya
CreditVidya has secured backing from 17 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include CRED, Matrix Partners India and Bharat Fund.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture debt is provided to growth-stage companies for business scaling.
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Founded Year | Domain | Location | |
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Funding for IP-driven deep-tech and digitization-led inclusive solutions.
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Founded Year | Domain | Location | |
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Private equity firm focused on multiple sectors
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Founded Year | Domain | Location |
Investments & Acquisitions by CreditVidya
Financial Statements - CreditVidya
Creditvidya Comparisons
Competitors of CreditVidya
CreditVidya 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 Borrowell, Juvo, Nova Credit, Nithio and CredoLab, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Credit monitoring and financial products comparison platform is provided.
|
|
| domain | founded_year | HQ Location |
Mobile data transactions are analyzed for alternative credit scoring solutions.
|
|
| domain | founded_year | HQ Location |
Nova Credit is focused on consumer credit data solutions.
|
|
| domain | founded_year | HQ Location |
Analytics and financial solutions for distributed solar energy are provided.
|
|
| domain | founded_year | HQ Location |
Credit assessment solutions are delivered via AI-driven smartphone data analysis.
|
Frequently Asked Questions about CreditVidya
CreditVidya was founded in 2012 and raised its 1st funding round 2 years after it was founded.
CreditVidya is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
CreditVidya is a funded company, having raised a total of $10.41M across 6 funding rounds to date. The company's 1st funding round was a Series B of $5M, raised on Sep 23, 2014.
As of Apr 08, 2024, the latest employee count at CreditVidya is 283.
Annual revenue of CreditVidya is $2.18M as on Mar 31, 2021.
Credit underwriting is reimagined by CreditVidya to provide innovative financial solutions. Focus is placed on improving risk assessment for lenders. The company operates within the FinTech sector, offering technology-driven credit scoring tools. Services are designed to support financial institutions in decision-making processes.
CreditVidya's top competitors include Borrowell, Nithio and Applied Data Finance.
CreditVidya offers Credit Underwriting Solution.
CreditVidya has 17 investors. Key investors include CRED, Matrix Partners India, Bharat Fund, Stride Ventures, and Stride Ventures.
The valuation of CreditVidya is $29.91M as of Dec 2021.