# CredAble

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/credable

- Industry: Financial Services
- Headquarters: Mumbai, India
- Website: www.credable.in/
- Total disclosed funding: $34M
- Latest round: Series B (Oct 19, 2021)
- Investors on record: 2

## About

Based in Maharashtra, India, and founded in 2017 by co-founders Nirav Choksi (CEO), Ram Kewalramani, Rajiv Ramnarayan, and Rohit Anand, Equentia SCF Technologies Private Limited, doing business as Credable, operates as a supply chain financing company that provides working capital solutions. The platform also combines technology, financing, deep learning, and analytics to create financing products and investments. In June 2024, CredAble raised INR 30 million in venture funding from SIDBI.


The company provides a supply chain financing platform that offers early payment and receivables financing solutions to enterprises. The platform's services include trade facilitation, payments and reconciliation, and digital KYC. Additionally, the firm also provides services such as embedded finance and supply chain financing solutions.

The company plans to use its proceeds from June 2024 funding to expand operations and offer reasonably priced financing options to MSMEs and women-owned businesses in India.

## Funding rounds

- Series B, Oct 19, 2021, $34M — Plutus Wealth Management, OAKS Asset Management

## Investors

- Plutus Wealth Management — Series B
- OAKS Asset Management (https://capitalatlas.ai/funds/oaks-asset-management) — Series B