About Pemant
Pemant is a Financial Services company based in Delhi (India) founded in 2023 by Vaibhav Anand. An app-based micro loan platform is developed for small businesses. Its Indian entity Credochain Technologies Private Limited reported revenue of ₹21.9 Lakh. Its focus areas include FinTech, Alternative Lending, Online Lenders and Business Loans. Similar companies include FlexiLoans, DMI Finance and Bizongo; 3 of its 3 listed similar companies have raised funding.
Company details
Pemant was established in 2023 in Delhi, India, as a fintech venture focused on lending. An app-based platform is provided to facilitate micro loans for small businesses seeking quick funding. Access to property tax incentives is enabled for companies that contribute to essential services, including police and fire protection. Operations are centered in the Indian market, with services tailored to local business needs.
- Headquarters Delhi, India
- Founders Vaibhav Anand
- SectorsFinancial Services
- Email••••••••
- Phone•••• ••••
- Website pemant.in
- Social LinkedIn X Facebook
- Legal Name Credochain Technologies Private Limited
- Date of Incorporation 05 Jul, 2018
- Jurisdiction New Delhi, Delhi, India
- Annual Revenue₹21.9 Lakh
FY 2024 · -93% YoY
- Net Loss-₹1.87 Cr
FY 2024 · -853% margin
- EBITDA-₹1.85 Cr
FY 2024 · -846% margin
Associated legal entities of Pemant
Pemant operates through Credochain Technologies Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Credochain Technologies Private Limited CIN U74993DL2018PTC336174 | Active | 05 Jul 2018 | New Delhi, Delhi | ₹0.2 Cr | 2 | View details |
Board of directors of Credochain Technologies Private Limited (Pemant)
Credochain Technologies Private Limited is the primary company behind Pemant. The board of Credochain Technologies Private Limited currently have 2 directors; the longest-serving is Vaibhav Anand, appointed in 2018.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Vaibhav Anand DIN 08173495 | Director | 05 Jul 2018 | 8 yrs 3 mo | Credochain Technologies Private Limited |
| Shivani Sharma DIN 08173496 | Director | 05 Jul 2018 | 8 yrs 3 mo | Credochain Technologies Private Limited |
People of Pemant
1 people are tracked at Pemant (1 in leadership).
| Name | Role | Group |
|---|---|---|
| Founder | Leadership |
Complete people profiles for Pemant
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Financials of Pemant
Figures of Credochain Technologies Private Limited, the primary company behind Pemant, for FY 2024. Revenue was ₹21.9 Lakh (-93% year on year). Net loss was -₹1.87 Cr (-853% margin). EBITDA was -₹1.85 Cr (-846% margin). Revenue has grown at a compounded annual rate of -19% over three years.
- ₹21.9 LakhRevenue · FY 2024 · -93% YoY
- -₹1.87 CrNet loss · -853% margin
- -₹1.85 CrEBITDA · -846% margin
- ₹1 LakhPaid-up capital
- -19%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Credochain Technologies Private Limited are on its company page.
Detailed financial statements for Pemant
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Similar companies to Pemant
Pemant has 3 listed similar companies in our database, 3 of them funded. They include FlexiLoans, DMI Finance and Bizongo.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| flexiloans.com | 2016 | Mumbai, India | $96.88M | 624 | Business loans and financial products for MSMEs are provided. | |
| dmifinance.in | 2008 | Delhi, India | $734M | 1,054 | Personal, MSME, consumption, and EV loans are provided digitally. | |
| bizongo.com | 2015 | Mumbai, India | $257.08M | 94 | Platform offering AI-powered vendor digitization, procurement and supply chain financing solutions |
Detailed similar companies of Pemant
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Top companies in Alternative Lending
3 companies that operate in the same segment as Pemant (Alternative Lending) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Payment acceptance and processing solutions provider for businesses | 2018 | Gurugram, Haryana, India | USD 589.25 M | USD 179.52 M | 3,670 | |
Technology platform for real estate transactions and mortgages is provided. | 2014 | Gurugram, Haryana, India | USD 97.98 M | USD 28.9 M | 9,619 | |
Financial services are provided, specializing in personal and business loans. | 2016 | Mumbai, Maharashtra, India | USD 320.39 M | USD 106.45 M | 2,161 |
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Related news about Pemant
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Frequently Asked Questions about Pemant
Pemant was founded in 2023.
Pemant is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
The primary company behind Pemant, Credochain Technologies Private Limited, reported revenue of ₹21.9 Lakh for FY 2024, down 93% year on year.
Pemant was established in 2023 in Delhi, India, as a fintech venture focused on lending. An app-based platform is provided to facilitate micro loans for small businesses seeking quick funding. Access to property tax incentives is enabled for companies that contribute to essential services, including police and fire protection. Operations are centered in the Indian market, with services tailored to local business needs.
Pemant's top competitors include FlexiLoans, Bizongo and DMI Finance.
Pemant operates through Credochain Technologies Private Limited.
The legal entities of Pemant currently have 2 directors, including Vaibhav Anand, Shivani Sharma.