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
*********
- 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.
- Total Funding Total Funding
- Total Rounds 9
- Last Round Series B — $10.0M
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First Round
First Round
(27 Feb 2017)
- Investors Count 53
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2025 | Amount | Series B - CredRight | Valuation | Abler Nordic | |
| Aug, 2023 | Amount | Debt – Conventional - CredRight | Valuation |
investors |
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| Aug, 2023 | Amount | Series B - CredRight | Valuation | Michael & Susan Dell Foundation |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. 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 |
|---|---|---|---|---|
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Provision of customized debt financing to impact-driven companies in key sectors.
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Founded Year | Domain | Location | |
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Non-dilutive debt funding and entrepreneur support services in India.
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Founded Year | Domain | Location | |
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Early-stage DeepTech venture capital funding and support services in India.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by CredRight
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - CredRight
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Credright Comparisons
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. 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 |
Consumer and SME loans are provided by Manappuram Finance.
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| domain | founded_year | HQ Location |
Diversified lending services are provided as a non-banking financial institution.
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| domain | founded_year | HQ Location |
Online gold, home, personal, and business loans are provided.
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| domain | founded_year | HQ Location |
2-wheeler loans and consumer/business financing are provided by Hero Fincorp.
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| domain | founded_year | HQ Location |
Financial solutions including loans and insurance are offered.
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| domain | founded_year | HQ Location |
Household and business loans are provided with risk management support.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Credright
Frequently Asked Questions about CredRight
When was CredRight founded?
CredRight was founded in 2016 and raised its 1st funding round 1 year after it was founded.
Where is CredRight located?
CredRight is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Who is the current CEO of CredRight?
Neeraj Bansal is the current CEO of CredRight. They have also founded this company.
Is CredRight a funded company?
CredRight is a funded company, having raised a total of $26.19M across 9 funding rounds to date. The company's 1st funding round was a Series B of $9.7M, raised on Feb 27, 2017.
How many employees does CredRight have?
As of Mar 28, 2024, the latest employee count at CredRight is 23.
What is the annual revenue of CredRight?
Annual revenue of CredRight is $1.2M as on Mar 31, 2023.
What does CredRight do?
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.
Who are the top competitors of CredRight?
CredRight's top competitors include Manappuram Finance, L & T Finance Holdings and Bajaj Finserv.
Who are CredRight's investors?
CredRight has 53 investors. Key investors include BlackSoil, Venture Catalysts, Shriram Chits, Accion, and Z Nation Lab.
What is CredRight's valuation?
The valuation of CredRight is $23.99M as of Aug 2023.
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