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
-
Sectors
Financial Services
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Infocredit Services Private Limited
- Date of Incorporation 29 May, 2012
- Jurisdiction Mumbai, Maharashtra, India
-
Annual Revenue
$2.18 M (USD)-22.16as on Mar 31, 2021
-
Net Profit
$-1.02 M (USD)51.83as on Mar 31, 2021
-
EBITDA
$-1.39 M (USD)35.25as on Mar 31, 2021
-
Total Equity Funding
$10.41 M (USD)
in 6 rounds
-
Latest Funding Round
$95.77 K (USD), Series B
Dec 27, 2021
-
Investors
CRED
& 16 more
-
Employee Count
283
as on Apr 08, 2024
-
Acquired by
CRED
(Nov 29, 2022)
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 CreditVidya
CreditVidya offers a comprehensive portfolio of products and services, including Credit Underwriting Solution. 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.
Credit underwriting is reimagined for better risk assessment.
Unlock access to complete
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
-
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 |
| 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 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. 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 debt is provided to growth-stage companies for business scaling.
|
Founded Year | Domain | Location | |
|
Funding for IP-driven deep-tech and digitization-led inclusive solutions.
|
Founded Year | Domain | Location | |
|
Private equity firm focused on multiple sectors
|
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 CreditVidya
| 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 - CreditVidya
| 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 |
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. 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 |
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.
|
| 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 Creditvidya
Frequently Asked Questions about CreditVidya
When was CreditVidya founded?
CreditVidya was founded in 2012 and raised its 1st funding round 2 years after it was founded.
Where is CreditVidya located?
CreditVidya is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
Is CreditVidya a funded company?
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.
How many employees does CreditVidya have?
As of Apr 08, 2024, the latest employee count at CreditVidya is 283.
What is the annual revenue of CreditVidya?
Annual revenue of CreditVidya is $2.18M as on Mar 31, 2021.
What does CreditVidya do?
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.
Who are the top competitors of CreditVidya?
CreditVidya's top competitors include Borrowell, Nithio and Applied Data Finance.
What products or services does CreditVidya offer?
CreditVidya offers Credit Underwriting Solution.
Who are CreditVidya's investors?
CreditVidya has 17 investors. Key investors include CRED, Matrix Partners India, Bharat Fund, Stride Ventures, and Stride Ventures.
What is CreditVidya's valuation?
The valuation of CreditVidya is $29.91M as of Dec 2021.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.