Criss Financial

Hyderabad, India Founded: 1992 • Age: 34 yrs Acquired By Spandana Sphoorty Financial
Micro credit loans are provided to customers for various needs.
Annual revenue $5.6M Latest available
Total funding $3.4M 5 rounds
Employees - Tracked headcount
Investors 12 Known backers
Products 3 Services tracked
Competitors 11 Brand Intelligence

About Criss Financial

Criss Financial is a company based in Hyderabad (India) founded in 1992 was acquired by Spandana Sphoorty Financial in December 2018. Criss Financial has raised $3.39 million across 5 funding rounds from investors including Spandana Sphoorty Financial, Unifi Capital and Einteract. Criss Financial offers products and services including Loan Against Property, Nano Enterprise Loan, and Individual Loan. Criss Financial operates in a competitive market with competitors including ESAF, Satin Creditcare, Fincare Small Finance Bank, Bharat Financial Inclusion and Svatantra Microfinance, among others.

  • Headquarter Hyderabad, India
  • Sectors
    Financial Services
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Criss Financial Limited
  • Jurisdiction Hyderabad, Telangana, India
Operational Areas
Financial Services → Insurance & Risk Management Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $5.6 M (USD)
    67.11
    as on Mar 31, 2019
  • Net Profit
    $1.93 M (USD)
    79.1
    as on Mar 31, 2019
  • EBITDA
    $3.82 M (USD)
    66.6
    as on Mar 31, 2019
  • Total Equity Funding
    $3.39 M (USD)

    in 5 rounds

  • Latest Funding Round
    $2.46 M (USD), Debt – Conventional

    Jun 15, 2021

  • Investors
  • Employee Count
    Not available
  • Acquired by
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Products & Services of Criss Financial

Criss Financial offers a comprehensive portfolio of products and services, including Loan Against Property, Nano Enterprise Loan, and Individual Loan.

Product name locked
Category locked
Primary

Secured loan using property as collateral for financial needs

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Small loan for micro-enterprises to support business growth

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Personal loan for individuals to meet various financial requirements

People of Criss Financial

Headcount 1000-5000
Employee Profiles 8
Employee Profiles
People
Ashish Kumar Damani
Whole Time Director
People
Lakshmi Kanth
Sr. Vice President I Head - Credit Underwriting
People
Abanti Mitra
Chairperson And Independent Director
People
Dinesh J D
DVP - Product & Organisational Excellence

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Funding Insights of Criss Financial

Criss Financial has successfully raised a total of $3.39M across 5 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $2.46 million completed in June 2021. 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 Criss Financial

Criss Financial has secured backing from 12 investors, including institutional and angel investors. Prominent investors backing the company include Spandana Sphoorty Financial, Unifi Capital and Einteract.

All
Institutional
Angel
Investor Description Founded Year Domain Location
Portfolio management and investment strategy services are provided to clients.
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Limited information is provided about Einteract's activities.
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Revan Saahith Reddy Vendidandi

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Investor details for Criss Financial

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Investments & Acquisitions by Criss Financial

Investments
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Investment portfolio details for Criss Financial

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Financial Statements - Criss Financial

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Detailed financials for Criss Financial

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Criss Financial Comparisons

Criss Financial Primary company
Description
Micro credit loans are provided to customers for various nee...
Location
Hyderabad, India
Founded Year
1992
Annual Revenue
$5.6 M (USD)
Net Profit
$1.93 M (USD)
EBITDA
$3.82 M (USD)
Employees
Not available
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Peer comparison for Criss Financial

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Competitors of Criss Financial

Criss Financial 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 ESAF, Satin Creditcare, Fincare Small Finance Bank, Bharat Financial Inclusion and Svatantra Microfinance, among others.

Company Name Domain Founded year HQ Location Description
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Microfinance banking services are offered in India by ESAF.
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Micro loans for businesses are offered by this NBFC.
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Micro-finance bank
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Provider of micro-credit & insurance for low income income individuals and women
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Microcredit services are provided to rural women for financial inclusion.
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Micro-credit financing is provided to low-income individuals and businesses.
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Detailed competitors of Criss Financial

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Latest news on Criss Financial

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Complete news archive for Criss Financial

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Frequently Asked Questions about Criss Financial

Criss Financial was founded in 1992 and raised its 1st funding round 19 years after it was founded.

Criss Financial is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.

Criss Financial is a funded company, having raised a total of $3.39M across 5 funding rounds to date.

Annual revenue of Criss Financial is $5.6M as on Mar 31, 2019.

Criss Financial was established in 1992 in Hyderabad, India, within the microfinance sector. Loans are extended to borrowers for diverse financial purposes. Products such as the Unnati Loan are offered to cover short-term liquidity gaps, while Loan Against Property is secured through mortgages on residential and commercial assets. Operations center on supporting customer credit requirements in the region.

Criss Financial's top competitors include ESAF, Satin Creditcare and Bharat Financial Inclusion.

Criss Financial offers Loan Against Property, Nano Enterprise Loan, and Individual Loan.

Criss Financial has 12 investors. Key investors include Spandana Sphoorty Financial, Unifi Capital, Einteract, Revan Saahith Reddy Vendidandi, and Hina Ansari.

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