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Recordent logo — Lower Risk. Power Growth.

Recordent

Lower Risk. Power Growth.

Founded 2018 India Hyderabad, India 60 employees Angel Total: $400.00K Finance, Financial Services +2

General Information

Company Name Recordent
Founded Year 2018
Location India Hyderabad, India
Employees 60
Industries Finance, Financial Services, Fintech +1
Funding Stage Angel
Social

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About Recordent

Recordent, founded in 2018, is India's leading credit and collections management platform, with the slogan "Lower Risk. Power Growth." The company offers a comprehensive suite of tools for efficient credit management and cash flow optimization. Targeting manufacturers, traders, and service providers, Recordent's solutions encompass credit risk management, collections management, recovery management, and credit risk and business analytics. The motivation driving the establishment of Recordent in 2020 stemmed from the founders' own experiences in managing companies, where they grappled with the challenges of delayed payments impacting cash flow and creating operational hurdles. To address these issues, Recordent was created with the aim to help businesses navigate collections and manage their cash flows more effectively. The company prides itself on adding transparency and trust between buyers and sellers to unlock opportunities for secured growth. One of Recordent's standout features is its proprietary credit registry, akin to CIBIL and other credit bureaus, which allows businesses to build credit track records. This credit registry enables lenders and creditors to access businesses' credit history and payment track records for better credit decision-making. In November 2021, Recordent secured a noteworthy $400.00K Angel Round investment, with active involvement from IIM Calcutta Innovation Park and the Kantamaneni Family Office. As a Financial Services, Fintech, and Payments-focused company, Recordent is poised to make a significant impact in the Indian market. With its innovative solutions and recent investment, Recordent is well-positioned to drive growth and provide valuable support to businesses in managing their credit and collections effectively.

Business keywords: credit management, collections management, cash flow optimization, credit risk, business analytics, credit registry, payment history, financial management, invoice management, dispute management, cash flow forecasting, buyer-seller transparency, non-banking credit reporting, credit decision-making

Funding Rounds & Investors (2)

View All
Funding Stage Amount Investors Lead Investors Date
Angel Round $400.00K 2
IIM Calcutta Innovation Park
IIM Calcutta Innovation Park, Kantamaneni Family Office
23 Nov 2021
Angel Round Undisclosed -
08 Sep 2020

Recordent Alternatives & Competitors

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FAQ About Recordent

Lower Risk. Power Growth.
Recordent was founded in 2018.
Recordent is headquartered in Hyderabad, India.
Recordent operates in Finance, Financial Services, Fintech and Payments. Its work centres on credit management, collections management, cash flow optimization and credit risk.
Recordent has approximately 60 employees.
Recordent has completed 2 funding rounds, raising a total of $400.00K. The latest funding stage is Angel.
Top alternatives and competitors to Recordent include Likvido, Now® , Instapay, AiVidens, bzTrack. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Recordent and Likvido are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Recordent, https://www.bouncewatch.com/company/recordent, updated 30 December 2024. When citing, please name BounceWatch and link this page.

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