HappyCredit

Bengaluru, India Founded: 2019 • Age: 7 yrs
Cashback and rewards are offered via an app-based platform.
Annual revenue - Latest available
Total funding $708,367 2 rounds
Employees - Tracked headcount
Investors 11 Known backers
Products 5 Services tracked
Competitors 7 Brand Intelligence

About HappyCredit

HappyCredit is a company based in Bengaluru (India) founded in 2019 by Jitendra Kumar and Ashish Virmani. HappyCredit has raised $708.37 thousand across 2 funding rounds from investors including Kunal Shah, Krishna Kumar and Alex Lin. HappyCredit offers products and services including Product Review Blogs, Best AC Brands List, Best Smartwatch Brands List, Credit Card Advice Blogs, and Grocery Product Lists. HappyCredit operates in a competitive market with competitors including Groupon, Union Rewardz, Sconto, WINDS App and lookODU, among others.

  • Headquarter Bengaluru, India
  • Founders Jitendra Kumar, Ashish Virmani
  • Sectors
    Retail
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Cybergenes Innovations Private Limited
  • Date of Incorporation 26 Sep, 2019
  • Jurisdiction Bangalore, Karnataka, India
Operational Areas
Retail → E-Commerce Platforms & Marketplaces Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $708.37 K (USD)

    in 2 rounds

  • Latest Funding Round
    $678.27 K (USD), Seed

    Sep 22, 2021

  • Investors
  • Employee Count
    Not available
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Products & Services of HappyCredit

HappyCredit offers a comprehensive portfolio of products and services, including Product Review Blogs, Best AC Brands List, Best Smartwatch Brands List, Credit Card Advice Blogs, and Grocery Product Lists.

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Primary

Platform for curated lists of best products in various categories

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Guide to top air conditioner brands for Indian consumers

Product name locked
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Recommendations for smartwatches compatible with Android and iOS

Product name locked
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Articles on credit card issues and myths for financial awareness

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Lists of best teas and dark chocolates for online shoppers

Funding Insights of HappyCredit

HappyCredit has successfully raised a total of $708.37K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $678.27 thousand completed in September 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 HappyCredit

HappyCredit has secured backing from 11 investors, including angel and venture fund investors. Prominent investors backing the company include Kunal Shah, Krishna Kumar and Alex Lin.

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Venture Fund
Angel
Investor Description Founded Year Domain Location
Investments in consumer tech sectors are managed by Goodwater Capital.
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Venture capital firm focused on multiple sectors
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Kunal Shah

Founder of CRED, serial entrepreneur, and prominent Indian angel investor
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Investor details for HappyCredit

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
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  • Participation history

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Investments & Acquisitions by HappyCredit

Investments
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Investment portfolio details for HappyCredit

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  • Portfolio identities
  • Transaction dates
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Financial Statements - HappyCredit

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Detailed financials for HappyCredit

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  • Profit trends
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Happycredit Comparisons

HappyCredit Primary company
Description
Cashback and rewards are offered via an app-based platform.
Location
Bengaluru, India
Founded Year
2019
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for HappyCredit

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Competitors of HappyCredit

HappyCredit 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 Groupon, Union Rewardz, Sconto, WINDS App and lookODU, among others.

Company Name Domain Founded year HQ Location Description
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Online marketplace offering deals on multi-category products and services
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Operates an online platform offering reward points for various products and services.
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Online platform offering discounts and rewards for students
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Online platform offering cashbacks and rewards for a wide range of products and services.
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Multi-category deals and discounts are offered via an Android app.
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Detailed competitors of HappyCredit

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Latest news on Happycredit

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Complete news archive for HappyCredit

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  • Source and publication date
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  • Brand-specific news history

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Frequently Asked Questions about HappyCredit

HappyCredit was founded in 2019 and raised its 1st funding round 1 year after it was founded.

HappyCredit is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

Jitendra Kumar is the current CEO of HappyCredit. They have also founded this company.

HappyCredit is a funded company, having raised a total of $708.37K across 2 funding rounds to date.

HappyCredit was founded in 2019 in Bengaluru, India, as a fintech platform focused on rewards. Cashback and incentives are provided on transactions using linked credit or debit cards and UPI payments. Shopping is enabled across categories such as fashion, beauty, and home essentials through a mobile application available for Android users. Operations are centered on digital financial services in the Indian market.

HappyCredit's top competitors include Groupon, Sconto and Union Rewardz.

HappyCredit offers Product Review Blogs, Best AC Brands List, Best Smartwatch Brands List, Credit Card Advice Blogs, and Grocery Product Lists.

HappyCredit has 11 investors. Key investors include Kunal Shah, Krishna Kumar, Alex Lin, Jeremy Cai, and Chris Ye.

The valuation of HappyCredit is $763.39K as of Aug 2020.

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