# Urja Money PVT

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/urja-money-pvt

- Industry: Financial Services
- Headquarters: Mumbai, India
- Website: www.creditmate.in
- Total disclosed funding: $0.5M
- Latest round: Seed (Oct 25, 2016)
- Investors on record: 1

## About

Urja Money PVT LTD is a financial technology company focused on enhancing credit accessibility and management for consumers and small businesses through its comprehensive credit solutions.Urja Money PVT LTD, founded in 2016 and headquartered in Mumbai, India, operates in the fintech space, providing innovative credit-related services. The company has engaged in 4 total deals, with its most recent funding round being a Series A in October 2021, during which it raised INR 335.00 mn. The founder, Aditya Singh, has previously been involved in other ventures, contributing to his expertise in the financial technology field.Urja Money PVT LTD specializes in offering a credit management platform that provides features such as credit scoring, loan comparison tools, and personalized financial advice. These services are designed to simplify the borrowing process for individual consumers and small businesses, enabling them to make informed credit choices. The company primarily targets urban areas in India, catering to consumers who might find traditional banking services less accessible.For the year 2023, Urja Money PVT LTD reported a revenue of INR 938,565.50. The company's EBITDA for the same year was INR -79,332.10, indicating the operational performance during this period.Looking ahead, Urja Money PVT LTD plans to leverage its recent acquisition by Paytm Payments Bank Ltd. to enhance its service offerings and expand its market reach. This acquisition, finalized in October 2021, will enable Paytm Group to become the 100% beneficial owner of Urja Money. The company is expected to focus on developing new products aimed at improving financial literacy and credit management tools. Additionally, Urja Money is strategizing to enter new geographic markets within India, specifically targeting tier-2 and tier-3 cities by 2025, to broaden access to its financial solutions.

## Funding rounds

- Seed, Oct 25, 2016, $0.5M — India Quotient

## Investors

- India Quotient (https://capitalatlas.ai/funds/india-quotient) — Seed