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CredAble - About the company

CredAble is a series B company based in Mumbai (India), founded in 2017 by Rajiv Ramnarayan and Ram Prakash Kewalramani. It operates as a Provider of working capital solutions and supply chain finance programs. CredAble has raised $49.2M in funding from investors like Equentia Natural Resources, Axis Bank and Alpha Capital, with a current valuation of $*****. The company has 136 active competitors, including 40 funded and 11 that have exited. Its top competitors include companies like Mintifi, FinBox and OPLinnovate.

Company Details

Provider of working capital solutions and supply chain finance programs. The company offers platforms for early payments, receivables financing, and digital KYC. It facilitates trade financing, loan origination, and embedded finance solutions. The business provides programs for enterprises, financial institutions, and small to medium sized businesses.
Social
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Email ID
*****@credable.in
Phone Number
+91 **********
Registered Address
9TH FLOOR, SATYAM TOWER, OFF GOVANDI STATION ROAD, DEONAR, GOVANDI EAST, MUMBAI-400088, Mumbai, Mumbai, Mumbai, Maharashtra, India, 400088
Key Metrics
Founded Year
2017
Location
Mumbai, India
Stage
Series B
Total Funding
$49.2M in 10 rounds
Latest Funding Round
Post Money Valuation
$***** as on Aug 13, 2025
Ranked
Annual Revenue
₹100 - ₹500 Cr as on Mar 31, 2025
Employee Count
152 as on Jul 31, 2025
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CredAble's funding and investors

CredAble has raised a total funding of $49.2M over 10 rounds. Its first funding round was on Sep 06, 2017. Its latest funding round was a Series B round on Mar 27, 2025 for $*****. 2 investors participated in its latest round. CredAble has 41 institutional investors and 100 angel investors.

Here is the list of recent funding rounds of CredAble:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Mar 27, 2025
9157623
Series B
9640049
3919843
6267525
4762119
Jun 12, 2024
6647774
Conventional Debt
8626643
9599251
8395665
Nov 27, 2023
6755654
Series B
3719979
7469735
5711601
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CredAble's founders and board of directors

Founder? Claim Profile
The founders of CredAble are Rajiv Ramnarayan and Ram Prakash Kewalramani.
Here are the details of CredAble's key team members:

CredAble's Board of Directors

CredAble's board has 3 active members. Rajiv Ramnarayan, Nirav Shaunak Choksi and Nirav Shaunak Choksi are part of team.
Here is the list of CredAble's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
9y 7m
nekkkc{
Team
-
Past
5y 2m
Investor
-
Current
9y 7m

CredAble's employee count trend

CredAble has 152 employees as of Jul 25. The total employee count is 35.0% lower than what it was in Jul 24. Here is CredAble's employee count trend over the years:
Employee count trend for CredAble
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CredAble's Competitors and alternates

Top competitors of CredAble include Mintifi, FinBox and OPLinnovate. Here is the list of Top 10 competitors of CredAble, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Mintifi
Mintifi
2017, Mumbai (India), Series E
Provider of supply chain financing solutions for small and medium enterprises
$270M
74/100
2nd
Logo for FinBox
FinBox
2015, Bengaluru (India), Series B
Provider of infrastructure, risk intelligence, and orchestration solutions for digital lending
$51.1M
70/100
3rd
Logo for OPLinnovate
OPLinnovate
2015, Ahmedabad (India), Series B
White label solutions for financial institutions
$14.2M
67/100
4th
Logo for Lentra
Lentra
2019, Pune (India), Series B
Provider of cloud-based digital lending software and solutions for financial institutions
$104M
65/100
5th
Logo for Linedata
Linedata
1998, Neuilly sur seine (France), Public
Provider of software, data, analytics, and related services for financial institutions
-
65/100
6th
Logo for Perfios
Perfios
2008, Bengaluru (India), Series D
Provider of AI-driven platform for financial analysis, verification, and decisioning
$435M
64/100
7th
Logo for Mynd Fintech
Mynd Fintech
2002, Gurugram (India), Series A
Online marketplace for supply chain financing
$16.3M
64/100
8th
Logo for Nucleus Software
Nucleus Software
1986, Noida (India), Public
Core banking platform for banks & financial institutions
-
-
61/100
9th
Logo for CredAble
CredAble
2017, Mumbai (India), Series B
Provider of working capital solutions and supply chain finance programs
$49.2M
59/100
10th
Logo for Vegapay
Vegapay
2022, Mumbai (India), Series A
B2B fintech platform providing technology for credit, card, lending, and banking products
$10.6M
59/100
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CredAble's Latest cap tables and shareholding

Founders (largest shareholder) own 30.18%, Funds own 13.34%, Enterprises own 23.60% and Angels own 22.55%. The net worth of CredAble's founders is INR 450Cr as of Aug 13, 2025. The cap table displayed below is for EQUENTIA SCF TECHNOLOGIES PRIVATE LIMITED which is the legal entity associated with CredAble.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
30.18%
450Cr
9288796
6093642
8485593
1323356
6348131
8331868
6998290
6153665
1729338
3158235
5487001
4621663
4841772
2762411
5149838
2101635
Fund
13.34%
199Cr
9532914
5965996
4259145
4219870
4487922
6916884
5340962
6526645
6583501
2489359
89
72
73
67
66
13
0
0
0
0
0
0
Enterprise
23.60%
356Cr
2875005
2784674
7229391
7377262
Angel
22.55%
337Cr
2325271
4624163
1547326
5904731
3056569
1784442
7506373
7598089
5158172
3035638
Other People
9.40%
140Cr
5375995
2302300
1747466
7201518
ESOP Pool
0.93%
13.9Cr
0
0
0
0
Total
100.00%
1,500Cr
1387975
7345947
8712201
3585958
Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
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shareholding pattern of this entity
$9.99$4.23(excl. taxes)
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What documents will you get?
  • Latest Shareholding Summary - Ownership breakdown across founders, investors, and other stakeholders
  • Round-by-Round Cap Tables - Evolution of shareholding across funding rounds
  • Year-on-Year Cap Tables - Dilution trends over time

CredAble's Investments and acquisitions

CredAble has made no investments or acquisitions yet.

Reports related to CredAble

Here is the latest report on CredAble's sector:

News related to CredAble

lockFilter this list
Media has covered CredAble for 1 event in last 1 year.
•
CredAble brings on Betts as growth officerGlobal Trade Review•Jun 03, 2025•CredAble
•
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