About TradeCred
TradeCred is a company based in Mumbai (India) founded in 2018 by Hardik Shah. TradeCred has raised $139.82 thousand across 1 funding round from investors including Neeraj Khubchandani, Hari Mundra and Bidya Kejriwal. TradeCred operates in a competitive market with competitors including KredX, FinAGG, Cashflo, Shengye Capital and BillMart, among others.
- Headquarter Mumbai, India
- Founders Hardik Shah
- 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 Ikshavaku Software Ventures India Private Limited
- Date of Incorporation 23 May, 2018
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$5.76 M (USD)32.89as on Mar 31, 2023
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Net Profit
$3.27 M (USD)-4.2as on Mar 31, 2023
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EBITDA
$3.58 M (USD)6.92as on Mar 31, 2023
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Total Equity Funding
$139.82 K (USD)
in 1 rounds
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Latest Funding Round
$139.82 K (USD), Angel Round
Feb 19, 2020
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Investors
& 12 more
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Employee Count
Not available
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Funding Insights of TradeCred
TradeCred has successfully raised a total of $139.82K through 1 strategic funding round. The most recent funding activity was a Angel Round of $139.82 thousand completed in February 2020. 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 TradeCred
TradeCred has secured backing from 13 investors, including angel investors. Prominent investors backing the company include Neeraj Khubchandani, Hari Mundra and Bidya Kejriwal.
| Investor | Description | Founded Year | Domain | Location |
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Neeraj Khubchandani |
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HM
Hari Mundra |
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BK
Bidya Kejriwal |
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Investor details for TradeCred
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Investments & Acquisitions by TradeCred
Investment portfolio details for TradeCred
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Financial Statements - TradeCred
Detailed financials for TradeCred
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Tradecred Comparisons
Peer comparison for TradeCred
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Competitors of TradeCred
TradeCred 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 KredX, FinAGG, Cashflo, Shengye Capital and BillMart, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Supply chain finance solutions and automation tools are provided.
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Invoice-based financing solutions are provided for MSMEs.
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Provider of accounts payable automation, payment, compliance, and vendor management software
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Supply chain financing is facilitated through an online marketplace platform.
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Provider of digital bill discounting and trade finance solutions for MSMEs and corporates
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Online P2P invoice discounting and financing platform for businesses
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Detailed competitors of TradeCred
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
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Verified entity values are shown only after access is granted.
Latest news on Tradecred
Complete news archive for TradeCred
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Frequently Asked Questions about TradeCred
TradeCred was founded in 2018 and raised its 1st funding round 2 years after it was founded.
TradeCred is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Hardik Shah is the current CEO of TradeCred. They have also founded this company.
TradeCred is a funded company, having raised a total of $139.82K across 1 funding round to date.
Annual revenue of TradeCred is $5.76M as on Mar 31, 2023.
TradeCred was established in 2018 in Mumbai, India, as a platform in the financial services sector. Invoice financing is offered to businesses to facilitate cash flow management. Operations focus on connecting suppliers and buyers for trade credit solutions. Services are delivered online, targeting small and medium enterprises in the region. The company is led by co-founder and CEO Hardik Shah.
TradeCred has 13 investors. Key investors include Neeraj Khubchandani, Hari Mundra, Bidya Kejriwal, Bhailal Maru, and Samir Bangara.
The valuation of TradeCred is $4.08M as of Feb 2020.