# Creditas Solutions Pvt.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/creditas-solutions-pvt

- Industry: Internet
- Headquarters: Gurgaon, India
- Website: www.creditas.in
- Latest round: Seed (Mar 26, 2018)
- Investors on record: 2

## About

Creditas Solutions Pvt. Ltd. provides advanced digital debt collection and delinquency management solutions, helping businesses enhance their debt recovery processes through automation and efficient communication strategies.Founded in 2015 and headquartered in Gurgaon, India, Creditas Solutions Pvt. Ltd. specializes in digital debt collection. The company has successfully conducted 5 deals, with its latest Series A funding round in February 2024, raising INR 260 million from AI-X. The firm’s valuation stands at INR 2,369.015 million, reflecting its growth trajectory since inception.Creditas Solutions Pvt. Ltd. offers Neo Collections, a suite of digital debt collection services aimed at optimizing recovery processes for various sectors, including financial institutions and retail. Their technology-driven tools automate debtor communications and enhance reporting, primarily serving markets in North America and Europe.In the most recent year of 2023, Creditas Solutions reported a revenue of INR 3,750,355.90 and an EBITDA of -INR 905,460.90, reflecting the challenges faced in the debt collection market while maintaining operational capabilities.With the recent Series A funding of INR 260 million raised in February 2024, Creditas Solutions plans to invest in developing new products aimed at enhancing their service offerings. The firm is targeting expansion into additional markets, with a focus on increasing their presence in Asia and Europe by 2025. This funding will support product innovation and market entry initiatives.

## Funding rounds

- Seed, Mar 26, 2018 — Infina Finance, 1Crowd

## Investors

- Infina Finance — Seed
- 1Crowd (https://capitalatlas.ai/funds/1crowd) — Seed