When was ClearMyDues founded?

ClearMyDues was founded in 2014 and raised its 1st funding round 2 years after it was founded.

Where is ClearMyDues located?

ClearMyDues is headquartered in Delhi, India. It is registered at Second floor, Plot no. 63, Sector-44, Gurugram, Gurgaon Sector 45, Gurgaon, Sector -45, Haryana, India, 122003.

Which legal entities is ClearMyDues associated with?

ClearMyDues is associated with CREDITAS SOLUTIONS PRIVATE LIMITED.

How many employees does ClearMyDues have?

As of May 31, 2025, ClearMyDues has 447 employees, reflecting a 8% year-over-year decline in headcount.

Is ClearMyDues a funded company?

ClearMyDues is a funded company, having raised a total of $878K across 4 funding rounds to date. The company's 1st funding round was a $***** Angel round, raised on Mar 12, 2016.

How much is ClearMyDues worth?

The latest valuation of ClearMyDues is ₹***** as of Jan 20, 2018.

When was the latest funding round of ClearMyDues?

ClearMyDues' latest funding was a $***** Angel round on Jan 20, 2018, with participation from 2 investors. Its primary sector is Alternative Lending. In India, the Alternative Lending sector has seen $692M in funding in 2026 to date.

What is the annual revenue of ClearMyDues?

Annual revenue of ClearMyDues is ₹49.8Cr as on Mar 31, 2025.

Where does ClearMyDues rank among its competitors?

ClearMyDues ranks 9th amongst 295 active competitors, of which 14 are funded. It stands 8th in terms of total funding among its competitors. The most recent competitor to raise funding was Bloom Credit, which secured $10.5M in Apr, 2025.

Who are the top competitors of ClearMyDues?

ClearMyDues' top competitors include Credit Sesame, Bloom Credit and Bonify. Among them, Bloom Credit secured the most recent funding round in April, 2025.

ClearMyDues - 2026 Company Profile, Team, Funding, Competitors & Financials

ClearMyDues is a seed company based in Delhi (India), founded in 2014 by Madanagopal Srinivasan and Anshuman Panwar. It operates as a Web platform that enables customers to directly make settlement offers to their creditors. ClearMyDues has raised $878K in funding from Infina Finance, with a current valuation of ₹*****. The company has 295 active competitors, including 14 funded and 5 that have exited. Its top competitors include companies like Credit Sesame, Bloom Credit and Bonify.

Company Details

Web platform that enables customers to directly make settlement offers to their creditors. It provides basic details for the card or loan they want to close and get deals from creditors through the platform. The online portal aids users to pay the dues with the company helping with the paperwork and bureau record updates. ClearMyDues gets the account verified from the creditor and provides the user with updated account details, including balances. Founded by IIT Delhi, IIM Ahmedabad alumni.

Website: clearmydues.com
Social
Part Of
Registered Address: Second floor, Plot no. 63, Sector-44, Gurugram, Gurgaon Sector 45, Gurgaon, Sector -45, Haryana, India, 122003

Key Metrics

Founded Year

2014

Location

Delhi, India

Stage

Seed

Total Funding

$878K in 4 rounds

Latest Funding Round

Angel, Jan 20, 2018, $*****

Post Money Valuation

₹***** as on Jan 20, 2018

Investors

Infina Finance & 62 more

Ranked

9^th among 295 active competitors

Annual Revenue

₹49.8Cr as on Mar 31, 2025

Employee Count

447 as on May 31, 2025

Similar Companies

Credit Sesame & 471 more

View ClearMyDues' full profile

ClearMyDues is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
CREDITAS SOLUTIONS PRIVATE LIMITED CIN: U74999HR2014PTC136333 , India, Active	Nov 15, 2014	$5.89M (As on Mar 31, 2025)	258 (As on Mar 01, 2026)

ClearMyDues has raised a total funding of $878K over 4 rounds. Its first funding round was on Mar 12, 2016. Its latest funding round was a Angel round on Jan 20, 2018 for $*****. 2 investors participated in its latest round. ClearMyDues has 8 institutional investors and 55 angel investors.

Here is the list of recent funding rounds of ClearMyDues:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jan 20, 2018	3428347	Angel	6940666	3112450	3957185	2536387
Jun 28, 2017	6223663	Seed	1525950	4640788	6028028	United Capital & 30 more
Sep 08, 2016	9732052	Seed	6682966	3976912	Aniruddha Malpani	1Crowd & 18 more

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View details of ClearMyDues's funding rounds and investors

The founders of ClearMyDues are Madanagopal Srinivasan and Anshuman Panwar.

Here are the details of ClearMyDues' key team members:

Madanagopal Srinivasan: Co-Founder of ClearMyDues and founder of 1 other company. They are also an angel investor in 1 startup and serve on the boards of 2 companies.
Contact Info: 2 email addresses
Anshuman Panwar: Co-Founder of ClearMyDues and founder of 1 other company. They are also an angel investor in 1 startup and serve on the boards of 2 companies.
Contact Info: 2 email addresses

ClearMyDues' Board of Directors

ClearMyDues's board has 2 active members. Madanagopal Srinivasan and Anshuman Panwar are part of team.

Here is the list of ClearMyDues' board of directors:

Name	Type	Representing	Status	Duration
Madanagopal Srinivasan	Team	-	Current	11y 5m
Anshuman Panwar	Team	-	Current	11y 6m
jenpnnq	Independent board member	-	Past	4y 8m

View details of ClearMyDues's Founder profiles and Board Members

ClearMyDues' employee count trend

ClearMyDues has 447 employees as of May 25. The total employee count is 8.0% lower than what it was in May 24. Here is ClearMyDues's employee count trend over the years:

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Top competitors of ClearMyDues include Credit Sesame, Bloom Credit and Bonify. Here is the list of Top 10 competitors of ClearMyDues, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Credit Sesame 2010, Mountain View (United States), Series F	Free credit score, monitoring, and financial wellness platform for consumers	$161M	Menlo Ventures, Globespan Capital Partners ... & 14 others	62/100
2nd	Bloom Credit 2016, New York City (United States), Series B	Provider of tools for credit repair and score management	$34.3M	Resolute Ventures, Crosslink Capital & 22 others	61/100
3rd	Bonify 2015, Berlin (Germany), Acquired	Provider of a credit reporting and improvement platform	$5.84M	Experian, Mouro Capital & 41 others	60/100
4th	Dovly 2018, Phoenix (United States), Series A	Credit score management platform	$5.9M	NFX, Croghan Colonial Bank & 3 others	58/100
5th	Pave 2017, London (United Kingdom), Series A	Online credit repair platform for individuals	$10.9M	Kindred Capital, Redalpine & 18 others	50/100
6th	Stratyfy 2016, New York City (United States), Series B	Provider of AI-driven solutions for credit decisioning, compliance, and fraud detection	$10.2M	Zeal Capital Partners, Truist & 8 others	49/100
7th	FPL Technologies 2019, Pune (India), Unfunded	Provider of software solutions for credit and payment management	-	-	48/100
8th	Altro 2019, Los Angeles (United States), Series A	Provider of a fintech platform credit repair solutions	$24.6M	Citi, Marcy Venture Partners & 18 others	44/100
9th	ClearMyDues 2014, Delhi (India), Seed	Web platform that enables customers to directly make settlement offers to their creditors	$878K	Infina Finance, Malpani Ventures & 61 others	43/100
10th	DisputeFox 2019, United States, Unfunded	Software for credit dispute investigation	-	-	42/100

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Founders (largest shareholder) own 53.02%, Funds own 10.18%, Enterprises own 3.73% and Angels own 25.96%. The net worth of ClearMyDues's founders is INR 8.75Cr as of Jun 28, 2017.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	53.02%	8.75Cr	6567946	7632951	7982251	8333761
Madanagopal Srinivasan	4841976	4578116	6062250	6135398	9932423	9309668
Anshuman Panwar	4123155	3224619	7997067	3788829	5191182	8822136
Fund	10.18%	1.68Cr	6843849	7447833	2101412	4190275
Infina Finance	730171	187012	370840	991887	198550	915894
United Capital	0	0	0	0	0	0
1Crowd	0	0	0	0	0	0
Enterprise	3.73%	61.6L	559	669	673	196
Angel	25.96%	4.29Cr	6862969	4650564	7757522	9087923
Aniruddha Malpani	111935	736250	233860	573958	421569	720867
Kunal Agarwal	0	0	0	0	0	0
ESOP Pool	6.17%	1.02Cr	590057	697934	777454	792600
Total	99.06%	16.3Cr	1849434	6454019	5338101	8164520