About Credore
Credore is a Financial Services company based in Pune (India) founded in 2020 by Lingraj Mahanand. Blockchain-based solutions for financial supply chain management are provided. Credore has raised $103.86 thousand across 2 funding rounds. The company has 1 employees. Credore offers products and services including Electronic Trade Document Platform, Invoice Processing Solution, and Export Factoring Service. Its focus areas include FinTech, Alternative Lending, Online Lenders and Business Loans. Its legal entity in India is Trustless Private Limited (U72900PN2020PTC190756). Its competitors include Priority Vendor, GetUnion and Finchain; 2 of its 3 listed competitors have raised funding.
Company details
Credore was founded in 2020 in Pune, India, within the blockchain sector focused on financial supply chains. A platform is operated to streamline invoice processing, financing, and risk mitigation for banks, suppliers, financial institutions, and corporations. Public blockchain technology combined with zero-knowledge proofs is employed to maintain data confidentiality and document integrity. Services encompass invoice discounting, export factoring, and real-time transaction visibility, supporting cash flow management across various business sizes.
- Headquarters Pune, India
- Employees 1
- Founders Lingraj Mahanand
- SectorsFinancial Services
- Email••••••••
- Phone•••• ••••
- Website credore.xyz
- Social LinkedIn X YouTube
- Legal Name Trustless Private Limited
- Date of Incorporation 07 May, 2020
- Jurisdiction Pune, Maharashtra, India
- Net Loss-₹86,883
FY 2022 · 0% margin
- EBITDA-₹86,883
FY 2022 · 0% margin
- Total Equity Funding$103.86K (USD)
in 2 rounds
- Latest Funding Round$20.82K (USD), Series A
Jun 2026
- Employee Count1
Associated legal entities of Credore
Credore operates through Trustless Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2022) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Trustless Private Limited CIN U72900PN2020PTC190756 | Active | 07 May 2020 | Pune, Maharashtra | 3 | View details |
Products & Services of Credore
Credore offers a comprehensive portfolio of products and services, including Electronic Trade Document Platform, Invoice Processing Solution, and Export Factoring Service.
Enables secure digital trade documents and verification for global transactions
Streamlines invoice verification and financing to reduce fraud and errors
Facilitates quick payments for suppliers using verifiable credentials
Apps and channels of Credore
its YouTube channel Credore has 1 subscribers.
Funding Insights of Credore
Credore has successfully raised a total of $103.86K across 2 strategic funding rounds. The most recent funding activity was a Series A round of $20.82 thousand completed in June 2026. 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 $103,861
- Total Rounds 2
- Last Round Series A — $20,824
- First Round $83,037
(Feb 2024)
All 2 funding rounds of Credore 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 |
|---|---|---|---|---|---|
| Jun 2026 | $20,824 | Series A | – | – | – |
| Feb 2024 | $83,037 | Seed | – | – | – |
Board of directors of Trustless Private Limited (Credore)
Trustless Private Limited is the primary company behind Credore. The board of Trustless Private Limited currently have 3 directors; the longest-serving is Lingraj Mahanand, appointed in 2020. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Lingraj Mahanand DIN 08740196 | Director | 07 May 2020 | 6 yrs 6 mo | Trustless Private Limited |
| Bhubanananda Sethi DIN 08740197 | Director | 07 May 2020 | 6 yrs 6 mo | Trustless Private Limited |
| Harshit Harish Jain DIN 10190336 | Director | 05 Jun 2023 | 3 yrs 5 mo | Trustless Private Limited |
People of Credore
2 people are tracked at Credore (1 in leadership, 1 in team); the tracked headcount is 1.
| Name | Role | Group |
|---|---|---|
| Founder | Leadership | |
Raj Kishore Patra | Software Developer | Team |
Complete people profiles for Credore
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Credore
Figures of Trustless Private Limited, the primary company behind Credore, for FY 2022. Net loss was -₹86,883 (0% margin). EBITDA was -₹86,883 (0% margin).
- -₹86,883Net loss · 0% margin
- -₹86,883EBITDA · 0% margin
- ₹1.2 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Trustless Private Limited are on its company page.
Detailed financial statements for Credore
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Credore
3 dated milestones of Credore across 6 years, from founding to its latest funding, stage changes and deals.
- Founded Credore is founded.
- Funding First funding round of $83K.
- Funding Latest funding round, Series A, of $21K.
Competitors of Credore
Credore has 3 listed competitors in our database, 2 of them funded. They include Priority Vendor, GetUnion and Finchain.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| priorityvendor.com | 2014 | Noida, India | $4.07M | 147 | AI, cloud, and blockchain-based dynamic discounting software is provided. | |
| getunion.io | 2018 | Mumbai, India | $2.21M | Blockchain-based bill discounting platform is provided for short-term investments. | ||
| finchain.co.in | 2018 | Bengaluru, India | Invoice financing is provided using a proprietary credit score. |
Detailed competitors of Credore
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Alternative Lending
3 companies that operate in the same segment as Credore (Alternative Lending) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Payment acceptance and processing solutions provider for businesses | 2018 | Gurugram, Haryana, India | USD 589.25 M | USD 179.52 M | 3,670 | |
Technology platform for real estate transactions and mortgages is provided. | 2014 | Gurugram, Haryana, India | USD 97.98 M | USD 28.9 M | 9,619 | |
Financial services are provided, specializing in personal and business loans. | 2016 | Mumbai, Maharashtra, India | USD 320.39 M | USD 185.7 M | 2,787 |
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Frequently Asked Questions about Credore
Credore was founded in 2020 and raised its 1st funding round 4 years after it was founded.
Credore is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.
Credore is a funded company, having raised a total of $103.86K across 2 funding rounds to date. The company's 1st funding round was a Seed of $83.04K, raised on Feb 2024.
Credore has 1 employees.
Credore was founded in 2020 in Pune, India, within the blockchain sector focused on financial supply chains. A platform is operated to streamline invoice processing, financing, and risk mitigation for banks, suppliers, financial institutions, and corporations. Public blockchain technology combined with zero-knowledge proofs is employed to maintain data confidentiality and document integrity. Services encompass invoice discounting, export factoring, and real-time transaction visibility, supporting cash flow management across various business sizes.
Credore's top competitors include Priority Vendor, Finchain and GetUnion.
Credore offers Electronic Trade Document Platform, Invoice Processing Solution, and Export Factoring Service.
Credore operates through Trustless Private Limited.
The legal entities of Credore currently have 3 directors, including Lingraj Mahanand, Bhubanananda Sethi, Harshit Harish Jain.