Kredence

Mumbai, India Founded: 2008 • Age: 18 yrs
Provides cloud-based tools for tax management and professional services.

About Kredence

Kredence is a company based in Mumbai (India) founded in 2008. It operates as a B2B and B2C. Kredence offers products and services including Practice Management Solution, Taxozone, Litigral, and Protact. Kredence operates in a competitive market with competitors including Diligent, DiliTrust, acsense, Govenda and K2fly, among others.

  • Headquarter Mumbai, India
  • Sectors
    Technology
    Financial Services
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website kredence.com
  • Social X
  • Legal Name Kredence Digital Resources Private Limited
  • Date of Incorporation 03 Jul, 2010
  • Jurisdiction Mumbai, Maharashtra, India
Key Metrics
  • Annual Revenue
    ₹6.3 Lakh

    FY 2025 · -73% YoY

  • Net Loss
    -₹84.6 Lakh

    FY 2025 · -1344% margin

  • EBITDA
    -₹70.9 Lakh

    FY 2025 · -1126% margin

Products & Services of Kredence

Kredence offers a comprehensive portfolio of products and services, including Practice Management Solution, Taxozone, Litigral, and Protact.

Practice Management Solution
Software

Manages practice for chartered accountants and tax professionals

Taxozone
Tax Compliance

Assists taxpayers with direct and indirect tax compliance needs

Litigral
Tax Litigation

Streamlines tax litigation processes for large enterprises

Protact
Governance

Supports governance processes for corporate offices

Board of directors of Kredence Digital Resources Private Limited (Kredence)

Kredence Digital Resources Private Limited is the primary company behind Kredence. The board of Kredence Digital Resources Private Limited currently have 4 directors; the longest-serving is Ketan D Raiyani, appointed in 2010. 3 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Ketan D Raiyani
DIN 01713064
Director03 Jul 201016 yrs 3 moKredence Digital Resources Private Limited
Ravi Baldevraj Chadha
DIN 00837032
Director20 Mar 20242 yrs 6 moKredence Digital Resources Private Limited
Mala Ravi Chadha
DIN 00836926
Director20 Mar 20242 yrs 6 moKredence Digital Resources Private Limited
Vir Ravi Chadha
DIN 09279732
Director16 Jan 20251 yr 8 moKredence Digital Resources Private Limited

Financials of Kredence

Figures of Kredence Digital Resources Private Limited, the primary company behind Kredence, for FY 2025. Revenue was ₹6.3 Lakh (-73% year on year). Net loss was -₹84.6 Lakh (-1344% margin). EBITDA was -₹70.9 Lakh (-1126% margin). Revenue has grown at a compounded annual rate of +16% over three years and -9% over five years.

  • ₹6.3 LakhRevenue · FY 2025 · -73% YoY
  • -₹84.6 LakhNet loss · -1344% margin
  • -₹70.9 LakhEBITDA · -1126% margin
  • ₹6.00 CrPaid-up capital
  • +16%Revenue CAGR, 3 years
  • -9%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Kredence Digital Resources Private Limited are on its company page.

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Detailed financial statements for Kredence

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Competitors of Kredence

Kredence 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 Diligent, DiliTrust, acsense, Govenda and K2fly, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
diligent.com2001New York, United States$22M–
Diligent is recognized as a leader in GRC software solutions.
dilitrust.com1995Paris, France$145.66M–
Corporate governance and data governance solutions are provided to organizations.
acsense.com2020–$5M–
Resilience platform for identity and access management is provided.
govenda.com2012Pittsburgh, United States$5.51M10
Cloud-based software for corporate governance and board management is offered.
k2fly.com2004Perth, Australia––
Asset management software solutions and services
courion.com1996Roswell, United States$32.14M116
Identity governance and access management solutions are provided.
kleverware.com2005Palaiseau, France––
Identity and access governance solutions are delivered for organizations.
theiarisk.com2017–$1.5M–
AI based governance focused intelligence engine
boardeffect.com2007Philadelphia, United States––
Cloud-based board meeting management solutions are offered for enterprises.
boardpac.co2006Austin, United States––
Digital board meeting automation solutions are provided for businesses.
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Detailed competitors of Kredence

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

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Similar companies to Kredence

10 companies that operate in the same segment as Kredence (Enterprise Workflow & Process Management), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
AI-based platform for secure collaboration and content management is utilized.
2005Redwood City, California, United StatesUSD 692.63 MUSD 1.18 B2,810
Cloud-based business process management suite solutions are delivered.
2010San Mateo, California, United StatesUSD 872.56 MUSD 838.81 M4,400
Cloud-based low-code platform enables application development and automation.
1999Reston, Virginia, United StatesUSD 47.5 MUSD 726.94 M2,029
Cloud and AI based low code workflow and app development platform
2013San Francisco, California, United StatesUSD 1.35 B––
Digital adoption platform is provided for software optimization.
2011San Francisco, California, United StatesUSD 307.5 MUSD 10.51 M–
SaaS-based workflow and task management solution provider
2015San Francisco, California, United StatesUSD 148.74 M––
SaaS-driven solutions for fitness business management are offered.
1986New York, New York, United States–USD 785.01 M3,020
Cloud-based process mining and execution management software is offered.
2011Munchen, Bayern, GermanyUSD 1.77 BUSD 5.27 M114
Provider of integrated back-office solutions across finance, accounting, HR, compliance, and staffing
2002Gurugram, Haryana, IndiaUSD 28.49 M––
Cloud-based business process management software
2005Bochum, North Rhine-westphalia, GermanyUSD 34 M–107
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Frequently Asked Questions about Kredence

Kredence was founded in 2008.

Kredence is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

The primary company behind Kredence, Kredence Digital Resources Private Limited, reported revenue of β‚Ή6.3 Lakh for FY 2025, down 73% year on year.

Kredence Digital delivers cloud-based IT solutions to assist professionals, enterprises, and consumers in managing tax compliance, governance processes, legal matters, and finance operations. It enables efficient collaboration, real-time monitoring, and streamlined workflows through innovative technology. Based in Mumbai, India, the company serves clients in tax, legal, and corporate sectors, helping them optimize practices and handle compliance effectively.

Kredence's top competitors include Diligent, acsense and DiliTrust.

Kredence offers Practice Management Solution, Taxozone, Litigral, and Protact.

Kredence operates through Kredence Digital Resources Private Limited.

The legal entities of Kredence currently have 4 directors, including Ravi Baldevraj Chadha, Vir Ravi Chadha, Ketan D Raiyani and others.

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