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KredX (formerly Mandii) is online invoice discounting marketplace for Small and Medium Enterprise lending.
Bengaluru based KredX is India’s invoice discounting marketplace helping businesses gain quick access to working capital in 24-72 hours by selling their unpaid receivables while providing investors with an opportunity to earn low-risk high returns through a unique short-term investment. Backed Sequoia Capital and Prime Venture Partners, KredX most recently raised Series B funding for $26 Million led by Tiger Global Management. KredX’s technology platform connects investors, both institutional and individual, with high-growth businesses looking for working capital through invoice discounting. Our uniquely adaptive business model makes it hassle-free, thus ensuring fast and secured transactions.
Legal Name
:
Minions Ventures Private Limited
Headquarters
:
Bengaluru, Karnataka, India
Business Model
:
Founding Date
:
2015
No. of Employees
:
101 to 150
Core Team
:
1.
Manish Kumar
Founder & CEO
2.
Anurag Jain
Founder & Executive Director
3.
Devang Mundhra
Chief Technology Officer
Total Funding
$32.0M
Investors
:
1.
Prime Venture Partners
2.
Tiger Global Management
3.
Sequoia Capital India
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