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OkCredit

OkCredit

OkCredit is a bookkeeping app that is helping millions of SMBs across India manage their credit and receivables.

OkCredit

OkCredit

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Basic Information

OkCredit is a part of the Ok network - an ecosystem of apps aimed at digitising small and medium businesses (SMBs) across India. With technology that is simple and easy to access, the startup is solving various pain points in everyday functioning of small business owners, be it tracking their accounts, managing staff at their set-up or the need to go online. Ok network’s first product- OkCredit was launched in 2017 by Harsh Pokharna, Gaurav Kumar and Aditya Prasad. OkCredit has given a complete digital makeover to the traditional register book - ‘Bahi/Udhar Khata’ and made the daily bookkeeping task simpler and effective for millions of small businesses. The app not just helps small businesses keep track of credit transactions – both payments and receivables, it sends timely reminders, and also makes it easier for them to collect and settle balance amounts quickly. The app has seen more than 20 million downloads.

Legal Name

:

Psi Phi Global Solutions Private Limited

Headquarters

:

Bangalore, Karnataka, India

Business Model

:

B2B, B2B2C

Founding Date

:

Sep 2016

No. of Employees

:

151 to 250

Core Team

:

1.

Harsh Pokharna

Co-Founder & CEO

2.

Gaurav Kunwar

Co-Founder & CPO

3.

Aditya Prasad

Co-Founder & CTO

Revenue Stream

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Funding

Total Funding

$83.0M

Investors

:

1.

Y Combinator

2.

Venture Highway

3.

Tiger Global Management

4.

Lightspeed India Partners

See More

Detail Round Breakdown

Round 1

Round 2

Round 3

Round 4

$300k

Series Name

:

SEED

Date

:

Jan 2018

Investors

:

1.

Lightspeed India Partners

Features

OkCredit reports 72% YoY rise in annual revenue to Rs 14.3 Cr

Sindhuja Microcredit secures $14.5M in Series C funding led by GAWA Capital, Oikocredit

Micro-businesses have the highest NPAs: OkCredit report

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Features

OkCredit reports 72% YoY rise in annual revenue to Rs 14.3 Cr

Sindhuja Microcredit secures $14.5M in Series C funding led by GAWA Capital, Oikocredit

Micro-businesses have the highest NPAs: OkCredit report

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Kaarva

Online lending platform for the salaried individuals

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Spoon presents the path to building credit history like no other - Exclusively for Young Millennials & GenZ. Modern tech to enable you to build secure credit, stay away from unnecessary debt, and help with responsible spends.

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Qikberry is an in-house developed A2P messaging platform for business. Commonly accepted as the Indian CPaaS provider.

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Culturro

Gurgaon based Agnya is an AI platform that provides the user with an ongoing view of their company's culture, its drivers, and employees' psychological productivity.

Inncircles

Inncircles is a construction management SaaS platform that offers a comprehensive suite of products designed to optimize and enhance construction operations through a data-first, AI-powered, and process-driven approach.

FastestEngineer

Ship your SaaS in days, not months.

See more saas companies

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