About Qbera
Qbera is a Financial Services company based in Bengaluru (India) founded in 2015 by Binay Kumar Giri, and was acquired by InCred in June 2020. Personal loans are facilitated via an online lending marketplace. Qbera has raised $4.97 million across 5 funding rounds from investors including InCred, Essel Group and CreedCap Asia Advisors. The company has 1 employees. Qbera was last valued at $5.94 million in May 2018. Its Indian entity Ant Creditex Technologies Private Limited reported revenue of ₹34.43 Cr. Its focus areas include FinTech, Alternative Lending, Online Lenders and Consumer Loans. Its competitors include Kissht, Stashfin and CASHe; 3 of its 3 listed competitors have raised funding.
Company details
Qbera was founded in 2015 in Bengaluru, India, and operates as an online lending platform in the fintech sector. Personal loans are extended to users for needs including medical emergencies, travel, and vehicle purchases. Eligibility is determined through credit assessments, salary statements, and credit scores. Loan repayments are processed using credit or debit cards, as well as bank transfers.
- Headquarters Bengaluru, India
- Employees 1
- Founders Binay Kumar Giri
- Stage Acquired
- SectorsFinancial Services
- Email••••••••
- Phone•••• ••••
- Website qbera.com
- Social LinkedIn X Facebook
- Acquired by InCred (Jun 2020)
- Legal Name Ant Creditex Technologies Private Limited
- Date of Incorporation 01 Dec, 2015
- Jurisdiction Mumbai, Maharashtra, India
Associated legal entities of Qbera
Qbera operates through Ant Creditex Technologies Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2022) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Ant Creditex Technologies Private Limited CIN U74900MH2015PTC323375 | Active | 01 Dec 2015 | Mumbai, Maharashtra | ₹34.4 Cr | 1 | 2 | View details |
Funding Insights of Qbera
Qbera has successfully raised a total of $4.97M across 5 strategic funding rounds. The most recent funding activity was a Seed round of $3.56 million completed in May 2018. 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 $4.97M
- Total Rounds 5
- Last Round Seed — $3.56M
- First Round $500,000
(Jul 2016)
- Investors Count 36
All 5 funding rounds of Qbera 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 |
|---|---|---|---|---|---|
| May 2018 | $3.56M | Seed | $5.94M | Essel Group, E-City Ventures | |
| Dec 2017 | $155,812 | Angel Round | $5.93M | Janet C Depenning | – |
| Jun 2017 | $324,846 | Seed | $••••• | Sigma Info | |
| Mar 2017 | $427,445 | Seed | $••••• | Dhruv Agarwal | |
| Jul 2016 | $500,000 | Seed | – | Sigma Info | – |
| Date | Valuation | Stage |
|---|---|---|
| May 2018 | $5.94M | •••••••• |
| Dec 2017 | $5.93M | •••••••• |
| Jun 2017 | $••••• | •••••••• |
| Mar 2017 | $••••• | •••••••• |
Full valuation and stage history of Qbera
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
- Stage changes
- Dates
- Exports
Verified entity values are shown only after access is granted.
Last known valuation $5.94M (May 2018). 37 investors in total: 9 institutional and 28 angel.
Investors in Qbera
Qbera has secured backing from 37 investors, including institutional, angel, and venture fund investors. Prominent investors backing the company include InCred, Essel Group and CreedCap Asia Advisors.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investments are made in early-stage tech startups across sectors. | ipventures.in | Gurugram, India | ||
| affirmativeinvestments.com.au | ||||
Enterprise networking and idea management solution for entertainment industries | 1976 | esselgroup.com | Mumbai, India | |
Mission-based finance and development are provided by Affirmative Investments. | affirmativeinvestments.com | Boston, United States | ||
Manages malls, residential projects, and financial services for clients. | 1999 | ecityventures.in | Mumbai, India | |
Small & middle market focused boutique investment bank | 2010 | creedcapasia.com | Bengaluru, India | |
Provides eCommerce platforms, Fintech solutions, and custom development for business growth. | 2004 | sigmainfo.net | Irvine, United States | |
Financial services are provided, specializing in personal and business loans. | 2016 | incred.com | Mumbai, India | |
DB Dhruv Bhushan | Angel investor and entrepreneur, co-founder of Habbit, focused on health tech | unknown_d57b1ba768f14c19b | ||
RS Rupam Shah | unknown_e4fe151484ae48b4b |
Investor details for Qbera
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 Ant Creditex Technologies Private Limited (Qbera)
Ant Creditex Technologies Private Limited is the primary company behind Qbera. The board of Ant Creditex Technologies Private Limited currently have 2 directors; the longest-serving is Pratik Dhirajlal Mehta, appointed in 2021. 12 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Pratik Dhirajlal Mehta DIN 01902887 | Director | 30 Jul 2021 | 5 yrs 3 mo | Ant Creditex Technologies Private Limited |
| Rupesh Kumar Garg DIN 06965591 | Director | 30 Jul 2021 | 5 yrs 3 mo | Ant Creditex Technologies Private Limited |
People of Qbera
1 people are tracked at Qbera (1 in leadership); the tracked headcount is 1.
| Name | Role | Group |
|---|---|---|
Binay Kumar Giri | Co-Founder | Leadership |
Complete people profiles for Qbera
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 Qbera
Figures of Ant Creditex Technologies Private Limited, the primary company behind Qbera, for FY 2022. Revenue was ₹34.43 Cr (+353% year on year). Net profit was ₹4.93 Cr (14% margin). EBITDA was ₹1.77 Cr (5% margin). Revenue has grown at a compounded annual rate of +114% over three years and +311% over five years.
- ₹34.43 CrRevenue · FY 2022 · +353% YoY
- ₹4.93 CrNet profit · 14% margin
- ₹1.77 CrEBITDA · 5% margin
- ₹21.4 LakhPaid-up capital
- 1Employees (provident fund records)
- +114%Revenue CAGR, 3 years
- +311%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Ant Creditex Technologies Private Limited are on its company page.
Detailed financial statements for Qbera
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 Qbera
5 dated milestones of Qbera across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Qbera is founded.
- Funding First funding round of $500K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Seed, of $3.6M.
- Exit Acquired by InCred.
Competitors of Qbera
Qbera has 3 listed competitors in our database, 3 of them funded. They include Kissht, Stashfin and CASHe.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| kissht.com | 2015 | Mumbai, India | $132.57M | 265 | Personal, business, and property loans are provided by Kissht. | |
| stashfin.com | 2016 | Gurugram, India | $115M | 175 | Digital lending and instant credit lines are provided to individuals. | |
| cashe.co.in | 2016 | Mumbai, India | $33.57M | 4 | Online instant personal loans are provided to salaried professionals. |
Detailed competitors of Qbera
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.
Top companies in Alternative Lending
3 companies that operate in the same segment as Qbera (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 |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Related news about Qbera
Complete news archive for Qbera
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Qbera
Qbera was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Qbera is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Qbera is a funded company, having raised a total of $4.97M across 5 funding rounds to date. The company's 1st funding round was a Seed of $500K, raised on Jul 2016.
Qbera has 1 employees.
The primary company behind Qbera, Ant Creditex Technologies Private Limited, reported revenue of ₹34.43 Cr for FY 2022, up 353% year on year.
Qbera was founded in 2015 in Bengaluru, India, and operates as an online lending platform in the fintech sector. Personal loans are extended to users for needs including medical emergencies, travel, and vehicle purchases. Eligibility is determined through credit assessments, salary statements, and credit scores. Loan repayments are processed using credit or debit cards, as well as bank transfers.
Qbera has 37 investors. Key investors include InCred, Essel Group, CreedCap Asia Advisors, E-City Ventures, and Affirmative Investments.
The valuation of Qbera is $5.94M as of May 2018.
Qbera operates through Ant Creditex Technologies Private Limited.
Yes. Qbera was acquired by InCred in June 2020.
The legal entities of Qbera currently have 2 directors, including Pratik Dhirajlal Mehta, Rupesh Kumar Garg.