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CredAble

CredAble

CredAble is a Mumbai-based fintech startup.

Financial Services

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Basic Information

Founded in 2017, CredAble provides liquidity to enterprises by using its SaaS interface, eKYC, digital documentation, and transaction management. It leverages its trade finance expertise, technology platforms, and access to third-party trade finance capital to arrange large-scale liquidity programmes. It has the vision to triple working capital available, especially for the small businesses. It aims to partner with corporates to unlock valuable operating cash flow and bridge the working capital gap for suppliers and distributors. It October 2020, the startup raised $4.5 million in a follow-on funding round from its existing investors Oaks Asset Management and V’Ocean Investment.

Legal Name

:

Equentia SCF Technologies Private Limited

Headquarters

:

Mumbai, Maharashtra , India

Founding Date

:

2017

No. of Employees

:

61 to 100

Core Team

:

1.

Nirav Choksi

Co-founder & CEO

2.

Ram Kewalramani

Co-Founder & MD

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Funding

Total Funding

$60.0M

Investors

:

1.

OAKS Asset Management

2.

Alpha Capital

3.

Sidbi

4.

Plutus Wealth Management

See More

Detail Round Breakdown

Round 1

$30M

Series Name

:

SERIES-B

Date

:

20th Oct 2021

Investors

:

1.

OAKS Asset Management

2.

Plutus Wealth Management

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