CredAble is a financial technology startup founded in 2017 with the slogan, "Building Working Capital Infrastructure for the World." The company's working capital infrastructure offers a suite of scalable products and value-added financing solutions designed for businesses of all sizes. CredAble leverages AI-powered technology to provide agile and robust solutions, shaping the future of working capital management and trade finance with a 360° tech-enabled approach. The company has established partnerships with over 35+ financial institutions, including a significant INR300.00M Debt Financing investment from SIDBI in June 2024. With an annual facilitation of more than USD 6 billion in working capital, CredAble's platform serves over 100 corporate customers and more than 2,50,000 small business borrowers. Headquartered in India, CredAble is leading the way in shaping the future of working capital management, positioning itself as India’s largest working capital tech platform. The company's vision is to empower businesses to succeed on their own terms through innovative financial solutions. CredAble's focus on scalable products and AI-powered technology, coupled with its strategic partnerships and impressive financial facilitation, positions it as a market leader in the evolving landscape of working capital management, offering promising opportunities for potential investors and professionals seeking to make a significant impact in the finance and fintech industries. For those looking to be part of an innovative and fast-growing firm, CredAble provides a unique opportunity to shape the future of finance.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Debt Financing | INR300.00M | 1 | SIDBI | 12 Jun 2024 |
Corporate Round | $10.00M | 1 | Equentia Natural Resources | 01 Mar 2024 |
Series C | $9.00M | 2 | OAKS Asset Management, Axis Bank | 02 Aug 2022 |
Series B | INR2.25B | 2 | Plutus Wealth Management, OAKS Asset Management | 19 Oct 2021 |
Series A | $4.50M | 2 | V Ocean Investments, OAKS Asset Management | 29 Oct 2020 |
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