About Krednote
Krednote is a company based in Kolkata (India) founded in 2021. Krednote has raised $150 thousand across 1 funding round from investors including Sudheer Kumar Jain, Ajay Kumar Sureka and Gopal Prasad Goenka. The company has 1 employees as of March 30, 2024. Krednote offers products and services including Buyers Finance. Krednote operates in a competitive market with competitors including Minko, among others.
- Headquarter Kolkata, India
- Employees 1 as on 30 Mar, 2024
- Stage Minicorn
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Sectors
Financial Services
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Email
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Phone
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Website
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Social
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- Legal Name Krednote Technologies Private Limited
- Date of Incorporation 25 Sep, 2021
- Jurisdiction Kolkata, West Bengal, India
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Annual Revenue
$543.16 (USD)0as on Mar 31, 2022
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Net Profit
-$1.02 K (USD)0as on Mar 31, 2022
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EBITDA
-$848.69 (USD)0as on Mar 31, 2022
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Total Equity Funding
$150 K (USD)
in 1 rounds
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Latest Funding Round
$150 K (USD), Seed
Mar 03, 2022
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Investors
HNI India
& 4 more
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Employee Count
1
as on Mar 30, 2024
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Products & Services of Krednote
Krednote offers a comprehensive portfolio of products and services, including Buyers Finance.
Enables instant B2B credit with flexible repayments and no collateral.
Funding Insights of Krednote
Krednote has successfully raised a total of $150K through 1 strategic funding round. The most recent funding activity was a Seed round of $150 thousand completed in March 2022. 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 Krednote
Krednote has secured backing from 5 investors, including angel and institutional investors. Prominent investors backing the company include Sudheer Kumar Jain, Ajay Kumar Sureka and Gopal Prasad Goenka.
| Investor | Description | Founded Year | Domain | Location |
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Office furniture is manufactured and supplied by HNI brand.
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Sudheer Kumar Jain |
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Ajay Kumar Sureka |
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Investor details for Krednote
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Investments & Acquisitions by Krednote
Investment portfolio details for Krednote
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Financial Statements - Krednote
Detailed financials for Krednote
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Krednote Comparisons
Peer comparison for Krednote
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Competitors of Krednote
Krednote 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 Minko, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Point-of-sale financing is provided to businesses and retailers.
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Detailed competitors of Krednote
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Latest news on Krednote
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Frequently Asked Questions about Krednote
Krednote was founded in 2021 and raised its 1st funding round 1 year after it was founded.
Krednote is headquartered in Kolkata, India. It is registered at Kolkata, West Bengal, India.
Siddhant Jain is the current CEO of Krednote.
Krednote is a funded company, having raised a total of $150K across 1 funding round to date.
As of Mar 30, 2024, the latest employee count at Krednote is 1.
Annual revenue of Krednote is $543.16 as on Mar 31, 2022.
Online platform for point of sale financing. It is a direct lender offering buy now pay later options to businesses with customized repayment options, loan amounts, and terms. Businesses must add the required details and apply for the loan. Once approved, the funds are transferred to the seller and the product is delivered to the user.
Krednote's top competitors include Minko.
Krednote offers Buyers Finance.
Krednote has 5 investors. Key investors include Sudheer Kumar Jain, Ajay Kumar Sureka, Gopal Prasad Goenka, Manoj Kumar Baisya, and HNI India.
The valuation of Krednote is $2.14M as of Mar 2022.