KredX (formerly Mandii) is online invoice discounting marketplace for Small and Medium Enterprise lending.

Basic Information

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. See more

Legal Name

:

Minions Ventures Private Limited

Headquarters

:

Bengaluru, Karnataka, India

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

Funding

Total Funding

$33.0M

Investors

:

1.

Prime Venture Partners

2.

Tiger Global Management

3.

Sequoia Capital India