About iCrederity
iCrederity is a Financial Services company based in Bengaluru (India) founded in 2005. Online background verification is provided for individuals and businesses. It operates in the Financial Services and Technology sectors. iCrederity has raised $1.1 million across 3 funding rounds from investors including Ventureast, Angaros Group and L D Mittal. The company has 15 employees. iCrederity was last valued at $2.49 million in September 2013. Its Indian entity Icrederity Info Services Private Limited reported revenue of ₹2.04 Cr. iCrederity offers products and services including Education Verification, Employment Verification, Identity Verification, and KYC Verification. Its focus areas include Enterprise Applications, HRTech, Applicant Tracking System and Background Check. Its competitors include Perfios and IDfy; 2 of its 2 listed competitors have raised funding.
Company details
iCrederity was founded in 2005 in Bengaluru, India, as an online platform focused on background verification services. Tools are offered for checking education, resumes, credentials, employment history, criminal records, and PAN card details. These services support KYC compliance for employees, vendors, and recruiters in the HR and compliance sector. Operations are conducted digitally to facilitate verification processes across various users.
- Headquarters Bengaluru, India
- Employees 15
- Stage Minicorn
- SectorsFinancial ServicesTechnology
- Email••••••••
- Phone•••• ••••
- Website icrederity.com
- Social LinkedIn X
- Legal Name Icrederity Info Services Private Limited
- Date of Incorporation 04 Dec, 2007
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹2.04 Cr
FY 2024 · -21% YoY
- Net Loss-₹12.5 Lakh
FY 2024 · -6% margin
- EBITDA-₹11.4 Lakh
FY 2024 · -6% margin
- Total Equity Funding$1.1M (USD)
in 3 rounds
- Latest Funding Round$612.21K (USD), Seed
Sep 2013
- InvestorsVentureast
& 2 more
- Employee Count15
Associated legal entities of iCrederity
iCrederity is associated with 2 registered companies on The Company Check; the primary company is Icrederity Info Services Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Icrederity Info Services Private Limited CIN U72900KA2007PTC044560 | Active | 04 Dec 2007 | Bangalore, Karnataka | ₹2.0 Cr | 15 | 4 | View details |
| Icrederity Securities Private Limited CIN U74999KA2016PTC098564 | Active | 19 Dec 2016 | Bangalore, Karnataka | ₹0.2 Cr | 12 | 2 | View details |
Products & Services of iCrederity
iCrederity offers a comprehensive portfolio of products and services, including Education Verification, Employment Verification, Identity Verification, and KYC Verification.
Confirms educational credentials to ensure accuracy and authenticity.
Authenticates past employment roles and responsibilities.
Secures trust by confirming identities and documents.
Mitigates risks through customer identification procedures.
Funding Insights of iCrederity
iCrederity has successfully raised a total of $1.1M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $612.21 thousand completed in September 2013. 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 $1.1M
- Total Rounds 3
- Last Round Seed — $612,214
- First Round $288,851
(Mar 2009)
- Investors Count 3
All 3 funding rounds of iCrederity with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2013 | $612,214 | Seed | $2.49M | Ventureast | |
| Oct 2010 | $199,219 | Seed | $2.61M | Ventureast, L D Mittal | – |
| Mar 2009 | $288,851 | Seed | $••••• | Ventureast | – |
| Date | Valuation | Stage |
|---|---|---|
| Sep 2013 | $2.49M | •••••••• |
| Oct 2010 | $2.61M | •••••••• |
Last known valuation $2.49M (Sep 2013). 3 investors in total: 2 institutional and 1 angel.
Investors in iCrederity
iCrederity has secured backing from 3 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Ventureast, Angaros Group and L D Mittal.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital investments in technology, healthcare, and clean environment sectors since 1997. | 1997 | ventureast.net | Bengaluru, India | |
Venture capital, advisory, and investment banking services are provided. | angaros.com | Singapore, Singapore | ||
LD L D Mittal | unknown_c6b2ddf5f6124f6a8 |
Investor details for iCrederity
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Icrederity Info Services Private Limited (iCrederity)
Icrederity Info Services Private Limited is the primary company behind iCrederity. The boards of the 2 registered companies of iCrederity currently have 5 directors; the longest-serving is Rakesh Antala, appointed in 2007. 4 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Rakesh Antala DIN 01837526 | Managing Director | 04 Dec 2007 | 18 yrs 10 mo | Icrederity Info Services Private Limited |
| Paras Vinodrai Mehta DIN 01736755 | Director | 04 Dec 2007 | 18 yrs 10 mo | Icrederity Info Services Private Limited |
| Bipin Chandra Dutt Pendyala DIN 00221850 | Nominee Director | 15 Oct 2014 | 12 yrs | Icrederity Info Services Private Limited |
| Venkata Seetarama Hanumantha Rao Rambhatla DIN 07662305 | Director | 19 Dec 2016 | 9 yrs 10 mo | Icrederity Securities Private Limited |
| Madhu Krishnan Pinapaty DIN 07662270 | Director | 16 Aug 2018 | 8 yrs 2 mo | Icrederity Info Services Private Limited, Icrederity Securities Private Limited |
People of iCrederity
4 people are tracked at iCrederity (2 in leadership, 2 in board & advisors); the tracked headcount is 15.
| Name | Role | Group |
|---|---|---|
| Co-Founder & CTO | Leadership | |
Alexander Mittal | Co-Founder | Leadership |
Anita Belani | Advisor | Board & advisors |
Srikanth Sundararajan | Advisor | Board & advisors |
Complete people profiles for iCrederity
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of iCrederity
Figures of Icrederity Info Services Private Limited, the primary company behind iCrederity, for FY 2024. Revenue was ₹2.04 Cr (-21% year on year). Net loss was -₹12.5 Lakh (-6% margin). EBITDA was -₹11.4 Lakh (-6% margin). Revenue has grown at a compounded annual rate of +13% over three years and 0% over five years.
- ₹2.04 CrRevenue · FY 2024 · -21% YoY
- -₹12.5 LakhNet loss · -6% margin
- -₹11.4 LakhEBITDA · -6% margin
- ₹40.8 LakhPaid-up capital
- 15Employees (provident fund records)
- +13%Revenue CAGR, 3 years
- 0%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Icrederity Info Services Private Limited are on its company page.
Detailed financial statements for iCrederity
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of iCrederity
4 dated milestones of iCrederity across 8 years, from founding to its latest funding, stage changes and deals.
- Founded iCrederity is founded.
- Funding First funding round of $289K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Seed, of $612K.
Competitors of iCrederity
iCrederity has 2 listed competitors in our database, 2 of them funded. They include Perfios and IDfy.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| perfios.com | 2008 | Bengaluru, India | $258.77M | Provides financial technology solutions for data analysis and verification globally. | ||
| idfy.com | 2011 | Mumbai, India | $56.03M | 587 | Identity verification, background screening, and fraud prevention solutions are provided. |
Detailed competitors of iCrederity
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of iCrederity
The website of iCrederity (icrederity.com) receives about 1.1K visits a month.
- Monthly visits1.1K
▼ 6.8% vs previous month
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Frequently Asked Questions about iCrederity
iCrederity was founded in 2005 and raised its 1st funding round 4 years after it was founded.
iCrederity is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
iCrederity is a funded company, having raised a total of $1.1M across 3 funding rounds to date. The company's 1st funding round was a Seed of $288.85K, raised on Mar 2009.
iCrederity has 15 employees.
The primary company behind iCrederity, Icrederity Info Services Private Limited, reported revenue of ₹2.04 Cr for FY 2024, down 21% year on year.
iCrederity was founded in 2005 in Bengaluru, India, as an online platform focused on background verification services. Tools are offered for checking education, resumes, credentials, employment history, criminal records, and PAN card details. These services support KYC compliance for employees, vendors, and recruiters in the HR and compliance sector. Operations are conducted digitally to facilitate verification processes across various users.
iCrederity offers Education Verification, Employment Verification, Identity Verification, and KYC Verification.
iCrederity has 3 investors. Key investors include Ventureast, Angaros Group, and L D Mittal.
The valuation of iCrederity is $2.49M as of Sep 2013.
iCrederity is associated with 2 legal entities: Icrederity Info Services Private Limited, Icrederity Securities Private Limited.
The legal entities of iCrederity currently have 5 directors, including Rakesh Antala, Madhu Krishnan Pinapaty, Bipin Chandra Dutt Pendyala and others.