CredFIC Analysis:
CredFIC is an Indian enterprise consultant and knowledge solutions provider that aims to encourage entrepreneurial success by providing specialized financial knowledge to aspiring and first-time founders. Established in 2017, the company is a fusion of InvesTech and proprietary trading, utilizing its analytical expertise to run a derivatives trading business.
The company recognized the inefficiencies in financial activities faced by technology founders and decided to tackle this problem by pivoting from a technology to an education venture. Their programs LEAD and DRIVE promote creative thinking on innovation and entrepreneurship, focusing on business functions through a financial lens, empowering participants to communicate and develop financially viable ideas.
In addition, CredFIC offers institutional programs such as Finance Lab and the Personal Finance Series to empower students to make better decisions and bridge knowledge gaps encountered during entrepreneurial journeys and in life.
The company's recent $1.50M Debt Financing investment at 14 October 2019 from Goldman Sachs indicates investor confidence in their vision of democratizing and decentralizing financial insights, leading to empowered aspirations.
CredFIC's commitment to empowering aspirations through financial knowledge and education makes it a promising player in the enterprise software, finance, fintech, and SaaS industries.
| Funding Stage | Amount | No. Investors | Investors | Date |
|---|---|---|---|---|
| Debt Financing | $1.50M | 1 |
|
14 Oct 2019 |
| Corporate Round | $25.00K | - | 30 Sep 2019 | |
| Venture Round | £2.50M | - | 19 Apr 2019 | |
| Venture Round | INR5.00M | 1 | Siddhartha Sharma | 21 Dec 2018 |
| Seed Round | $1.00M | - | 01 Sep 2018 |
No recent news or press coverage available for CredFIC.
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