About Fincred
Fincred is a company based in Ahmedabad (India). It operates as a B2B, and B2C. The company has 3 employees as of March 31, 2023. Fincred offers products and services including Two Wheeler Loan, Three Wheeler Loan, Four Wheeler Loan, Commercial Vehicle Loan, and Loan Against Shares. Fincred operates in a competitive market with competitors including Manappuram Finance, L & T Finance Holdings, IIFL Finance, Hero Fincorp and Bajaj Finserv, among others.
- Headquarter Ahmedabad, India
- Employees 3 as on 31 Mar, 2023
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Sectors
Financial Services
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Email
***********
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Phone
*********
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Website
*********
- Legal Name Fincred Investments Limited
- Date of Incorporation 04 Jun, 1996
- Jurisdiction Ahmedabad, Gujarat, India
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Annual Revenue
$1.07 M (USD)69.96as on Mar 31, 2023
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Net Profit
$10.7 K (USD)-86.01as on Mar 31, 2023
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EBITDA
$821.47 K (USD)144.69as on Mar 31, 2023
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Latest Funding Round
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Investors
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Employee Count
3
as on Mar 31, 2023
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Products & Services of Fincred
Fincred offers a comprehensive portfolio of products and services, including Two Wheeler Loan, Three Wheeler Loan, Four Wheeler Loan, Commercial Vehicle Loan, and Loan Against Shares. 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.
Loans for purchasing two-wheeler vehicles with quick approvals.
Financing for three-wheeler vehicles with attractive rates.
Loans for any four-wheeler brand with transparent procedures.
Funding for commercial vehicles and fleet expansions.
Loans secured against shares for personal or business use.
Funding Insights of Fincred
| 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 |
Investments & Acquisitions by Fincred
| 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 - Fincred
| 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 |
Fincred Comparisons
Competitors of Fincred
Fincred 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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Frequently Asked Questions about Fincred
Where is Fincred located?
Fincred is headquartered in Ahmedabad, India. It is registered at Ahmedabad, Gujarat, India.
How many employees does Fincred have?
As of Mar 31, 2023, the latest employee count at Fincred is 3.
What is the annual revenue of Fincred?
Annual revenue of Fincred is $1.07M as on Mar 31, 2023.
What does Fincred do?
Fincred Investments Limited, established in 1996, specializes in providing customized loans for vehicles like two-wheelers and commercial vehicles, as well as loans against shares and working capital finance. Based in Ahmedabad, India, they focus on quick approvals and competitive rates for individuals and businesses, assisting start-ups and expansions through flexible financial products and services.
Who are the top competitors of Fincred?
Fincred's top competitors include Manappuram Finance, L & T Finance Holdings and Bajaj Finserv.
What products or services does Fincred offer?
Fincred offers Two Wheeler Loan, Three Wheeler Loan, Four Wheeler Loan, Commercial Vehicle Loan, and Loan Against Shares.