About CRIF
CRIF is a company based in Mumbai (India) founded in 2005 by Anil Pandya was acquired by Crif in June 2014.. CRIF has raised $8.79 million across 3 funding rounds from investors including Punjab National Bank, State Bank of India and Nuvama. The company has 198 employees as of March 21, 2024. CRIF offers products and services including Personal Credit Score, Business Credit Score, and Credit Reports. CRIF operates in a competitive market with competitors including TransUnion, Equifax, Perfios, Transunion CIBIL and Credit Information Bureau, among others.
- Headquarter Mumbai, India
- Employees 198 as on 21 Mar, 2024
- Founders Anil Pandya
- 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 Crif High Mark Credit Information Services Private Limited
- Date of Incorporation 17 Mar, 2005
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$25.01 M (USD)41.89as on Mar 31, 2023
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Net Profit
$6.38 M (USD)47.13as on Mar 31, 2023
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EBITDA
$8.42 M (USD)46.52as on Mar 31, 2023
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Total Equity Funding
$8.79 M (USD)
in 3 rounds
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Latest Funding Round
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Investors
Punjab National Bank
& 23 more
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Employee Count
198
as on Mar 21, 2024
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Acquired by
Crif
(Jun 02, 2014)
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Products & Services of CRIF
CRIF offers a comprehensive portfolio of products and services, including Personal Credit Score, Business Credit Score, and Credit Reports. 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.
Tool for individuals to check and monitor personal creditworthiness.
Service for assessing business credit risk and financial health.
Provides detailed reports on credit history and lending trends.
Unlock access to complete
Sales and Marketing
9 people
Software Development Team
9 people
Product Management Team
5 people
Senior Team
4 people
Human Resources and Administration
4 people
Leadership Team
3 people
Consultant Team
1 people
Data Analysis and Operations Team
1 people
Unlock access to complete
Funding Insights of CRIF
CRIF has successfully raised a total of $8.79M across 3 strategic funding rounds. 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 3
- Last Round Last Round
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First Round
First Round
(12 Jan 2010)
- Investors Count 24
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2012 | Amount | Debt – Conventional - CRIF | Valuation |
investors |
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| Oct, 2010 | Amount | Series A - CRIF | Valuation | SBI |
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| Jan, 2010 | Amount | Series A - CRIF | Valuation | CBCInnovis , Crif |
| 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 CRIF
CRIF has secured backing from 24 investors, including institutional, angel, and venture fund investors. Prominent investors backing the company include Punjab National Bank, State Bank of India and Nuvama. 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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Private equity firm investing in the real estate & finance sectors
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Founded Year | Domain | Location | |
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Venture capital firm focused on B2B companies
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Founded Year | Domain | Location | |
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Manages diversified investment portfolios across various asset classes.
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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 CRIF
| 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 - CRIF
| 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 |
Crif Comparisons
Competitors of CRIF
CRIF 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 TransUnion, Equifax, Perfios, Transunion CIBIL and Credit Information Bureau, 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 |
Provider of credit scoring data for consumers and businesses
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| domain | founded_year | HQ Location |
Credit score data is provided online for businesses and individuals.
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| domain | founded_year | HQ Location |
Provides financial technology solutions for data analysis and verification globally.
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| domain | founded_year | HQ Location |
Credit scores and reports are supplied for loan assessments.
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| domain | founded_year | HQ Location |
Credit scoring data and customer information provider
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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 Crif
Frequently Asked Questions about CRIF
When was CRIF founded?
CRIF was founded in 2005 and raised its 1st funding round 5 years after it was founded.
Where is CRIF located?
CRIF is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Is CRIF a funded company?
CRIF is a funded company, having raised a total of $8.79M across 3 funding rounds to date. The company's 1st funding round was a Series A of $7.89M, raised on Jan 12, 2010.
How many employees does CRIF have?
As of Mar 21, 2024, the latest employee count at CRIF is 198.
What is the annual revenue of CRIF?
Annual revenue of CRIF is $25.01M as on Mar 31, 2023.
What does CRIF do?
CRIF was founded in 2005 and is based in Mumbai, India, operating in the financial services sector. Credit bureau data, business identification, and anti-fraud tools are delivered through its platform. Analytics services, including behavioral scorecards, predictive models, advanced risk analysis, and consulting, are offered. A software system supports decision management, loan origination, collections, deduplication, and integrations with external data sources.
Who are the top competitors of CRIF?
CRIF's top competitors include TransUnion, Perfios and Equifax.
What products or services does CRIF offer?
CRIF offers Personal Credit Score, Business Credit Score, and Credit Reports.
Who are CRIF's investors?
CRIF has 24 investors. Key investors include Punjab National Bank, State Bank of India, Nuvama, Equirus Capital, and Crif.
What is CRIF's valuation?
The valuation of CRIF is $10.79M as of Oct 2010.
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