About Credwise Solutions
Credwise Solutions is a company based in Bengaluru (India) founded in 2022 was acquired by WLDD in February 2024.. Credwise Solutions has raised $157.15 thousand across 1 funding round from investors including WLDD and 100X.VC. The company has 1 employees as of December 29, 2024.
- Headquarter Bengaluru, India
- Employees 1 as on 29 Dec, 2024
- 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 Credwise Solutions Private Limited
- Date of Incorporation 09 May, 2022
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$175.44 (USD)-91.33as on Mar 31, 2024
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Net Profit
$-46.73 K (USD)48.44as on Mar 31, 2024
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EBITDA
$-27.3 K (USD)66.91as on Mar 31, 2024
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Total Equity Funding
$157.15 K (USD)
in 1 rounds
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Latest Funding Round
$157.15 K (USD), Seed
Jul 13, 2022
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Investors
WLDD
& 1 more
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Employee Count
1
as on Dec 29, 2024
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Acquired by
WLDD
(Feb 05, 2024)
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Funding Insights of Credwise Solutions
Credwise Solutions has successfully raised a total of $157.15K through 1 strategic funding round. The most recent funding activity was a Seed round of $157.15 thousand completed in July 2022. 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 1
- Last Round Seed — $157,150
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First Round
First Round
(13 Jul 2022)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2022 | Amount | Seed - Credwise Solutions | Valuation | 100X.VC |
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| 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 Credwise Solutions
Credwise Solutions has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include WLDD and 100X.VC. 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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Early-stage startups are funded by 100X.VC venture capital firm.
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Founded Year | Domain | Location | |
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Meme marketing and viral content creation services are offered.
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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.
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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 Credwise Solutions
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Credwise Solutions
| 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 |
Credwise Solutions Comparisons
Competitors of Credwise Solutions
| 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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Frequently Asked Questions about Credwise Solutions
When was Credwise Solutions founded?
Credwise Solutions was founded in 2022.
Where is Credwise Solutions located?
Credwise Solutions is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Who is the current CEO of Credwise Solutions?
Archit Sharma is the current CEO of Credwise Solutions.
Is Credwise Solutions a funded company?
Credwise Solutions is a funded company, having raised a total of $157.15K across 1 funding round to date. The company's 1st funding round was a Seed of $157.15K, raised on Jul 13, 2022.
How many employees does Credwise Solutions have?
As of Dec 29, 2024, the latest employee count at Credwise Solutions is 1.
What is the annual revenue of Credwise Solutions?
Annual revenue of Credwise Solutions is $175.44 as on Mar 31, 2024.
What does Credwise Solutions do?
Credwise Solutions was founded in 2022 in Bengaluru, India, operating in the fintech sector. Credit cards are provided to enable credit sharing, with tools for identifying suitable cards and offers in the digital environment. Processes for managing bills, subscriptions, and financial resources are simplified, while credit benefits are unlocked. The application is accessible on Android and iOS platforms.
Who are Credwise Solutions's investors?
What is Credwise Solutions's valuation?
The valuation of Credwise Solutions is $1.05M as of Jul 2022.