# Crediwatch Information Analytics Private

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/crediwatch-information-analytics-private

- Industry: Software
- Headquarters: Bangalore, India
- Website: www.crediwatch.com
- Total disclosed funding: $4.8M
- Latest round: Series A (Oct 11, 2019)
- Investors on record: 4

## About

Crediwatch automates credit underwriting and provides financial insights to aid businesses and lenders in making informed decisions. Their innovative solutions enhance risk management and opportunity identification.Crediwatch Information Analytics Private Limited, founded in 2016, specializes in credit underwriting automation. The company is headquartered in Bangalore, India. The founders, Meghna Suryakumar and Sandeep Anandampillai, aim to transform how creditworthiness is assessed. In October 2019, Crediwatch raised INR 230 million in Series A funding led by ARTIS Ventures, bringing the total amount raised to INR 230 million and the current company valuation to INR 1040.117 million. The firm has completed 2 deals to date.Crediwatch specializes in automating credit underwriting processes, equipping lenders and businesses with comprehensive financial insights and tools to enhance decision-making. Their offerings enable clients to monitor business health across various dimensions while identifying risks and opportunities. A notable product is the Trust Score, which aids financial institutions in navigating the balance between credit growth and risk management. The primary clientele comprises lenders and financial institutions, particularly in growing markets facing challenges in timely credit assessments.In the most recent fiscal year 2023, Crediwatch reported a revenue of INR 796,939.80 with an EBITDA loss of INR 1,172,313.30. The company generates income through a subscription-based model, providing clients with tailored access to its financial tools and services, including credit monitoring and assessment.Crediwatch aims to expand its product offerings by designing new features and enhancements to its existing services, though specific release dates are not disclosed. The company plans to target additional markets, particularly in Asia and Africa, by 2025, leveraging its recent funding from the October 2019 Series A round to support these initiatives. The funding will facilitate the advancement of its technology and expansion of its client base.

## Funding rounds

- Series A, Oct 11, 2019, $3.2M — ARTIS Ventures, Abstract Ventures
- Seed, Jan 1, 2019, $1.6M — Contrarian Drishti Partners, Modern India Limited

## Investors

- Contrarian Drishti Partners (https://capitalatlas.ai/funds/contrarian-drishti-partners) — Seed
- Modern India Limited — Seed
- ARTIS Ventures (https://capitalatlas.ai/funds/artis-ventures) — Series A
- Abstract Ventures (https://capitalatlas.ai/funds/abstract-ventures) — Series A