About CredRight
CredRight is a company based in Bengaluru (India) founded in 2016 by Vineet Jawa and Neeraj Bansal. CredRight has raised $26.19 million across 9 funding rounds from investors including BlackSoil, Venture Catalysts and Shriram Chits. The company has 23 employees as of March 28, 2024. CredRight operates in a competitive market with competitors including Manappuram Finance, L & T Finance Holdings, IIFL Finance, Hero Fincorp and Bajaj Finserv, among others.
- Headquarter Bengaluru, India
- Employees 23 as on 28 Mar, 2024
- Founders Vineet Jawa, Neeraj Bansal
- 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
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- Legal Name Credright Private Limited
- Date of Incorporation 24 May, 2016
- Jurisdiction Bangaluru, Karnataka, India
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Annual Revenue
$1.2 M (USD)100.98as on Mar 31, 2023
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Net Profit
-$471.17 K (USD)9.5as on Mar 31, 2023
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EBITDA
-$636.91 K (USD)14.96as on Mar 31, 2023
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Total Equity Funding
$26.19 M (USD)
in 9 rounds
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Latest Funding Round
$10 M (USD), Series B
Aug 25, 2025
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Investors
BlackSoil
& 52 more
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Employee Count
23
as on Mar 28, 2024
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Funding Insights of CredRight
CredRight has successfully raised a total of $26.19M across 9 strategic funding rounds. The most recent funding activity was a Series B round of $10 million completed in August 2025. 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.
Investors in CredRight
CredRight has secured backing from 53 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include BlackSoil, Venture Catalysts and Shriram Chits.
| Investor | Description | Founded Year | Domain | Location |
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Provision of customized debt financing to impact-driven companies in key sectors.
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Non-dilutive debt funding and entrepreneur support services in India.
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Early-stage DeepTech venture capital funding and support services in India.
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Investor details for CredRight
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Investments & Acquisitions by CredRight
Investment portfolio details for CredRight
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Financial Statements - CredRight
Detailed financials for CredRight
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Credright Comparisons
Peer comparison for CredRight
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Competitors of CredRight
CredRight 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 Manappuram Finance, L & T Finance Holdings, IIFL Finance, Hero Fincorp and Bajaj Finserv, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Consumer and SME loans are provided by Manappuram Finance.
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Diversified lending services are provided as a non-banking financial institution.
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Online gold, home, personal, and business loans are provided.
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2-wheeler loans and consumer/business financing are provided by Hero Fincorp.
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Financial solutions including loans and insurance are offered.
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Household and business loans are provided with risk management support.
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Detailed competitors of CredRight
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Latest news on Credright
Complete news archive for CredRight
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Frequently Asked Questions about CredRight
CredRight was founded in 2016 and raised its 1st funding round 1 year after it was founded.
CredRight is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Neeraj Bansal is the current CEO of CredRight. They have also founded this company.
CredRight is a funded company, having raised a total of $26.19M across 9 funding rounds to date.
As of Mar 28, 2024, the latest employee count at CredRight is 23.
Annual revenue of CredRight is $1.2M as on Mar 31, 2023.
CredRight was founded in 2016 and is based in Bengaluru, India. A digital lending platform is operated to deliver financial solutions in the fintech sector. Unsecured loans are extended specifically to micro and small businesses that participate in chit funds. Operations focus on facilitating access to credit through this subscription-based model, supporting business growth in the region.
CredRight's top competitors include Manappuram Finance, L & T Finance Holdings and Bajaj Finserv.
CredRight has 53 investors. Key investors include BlackSoil, Venture Catalysts, Shriram Chits, Accion, and Z Nation Lab.
The valuation of CredRight is $23.99M as of Aug 2023.