CredAble - About the company
CredAble is a series B company based in Mumbai (India), founded in 2017 by Rajiv Ramnarayan, Nirav Shaunak Choksi and Ram 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 112 active competitors, including 38 funded and 8 that have exited. Its top competitors include companies like FinBox, StrideOne and Mintifi.
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.
- Website
- credable.in
- Social
- Email ID
- *****@credable.in
- Phone Number
- +91 **********
- Registered Address
- 5th Floor, Satyam Tower, Off Govandi Station Road, Deonar, Govandi East, Mumbai, Mumbai, Mumbai, Maharashtra, India, 400088
Legal entities associated with CredAble
CredAble is associated with 3 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
EQUENTIA TRADE SOLUTIONS PRIVATE LIMITED CIN: U51909MH2022PTC390236 , India, Active | Sep 09, 2022 | $47.1M (As on Mar 31, 2025) | - | |
EQUENTIA FINANCIAL SERVICE PRIVATE LIMITED CIN: U65990MH2017PTC301251 , India, Active | Oct 30, 2017 | $10.2M (As on Mar 31, 2025) | 84 (As on Aug 31, 2025) | |
EQUENTIA SCF TECHNOLOGIES PRIVATE LIMITED CIN: U51100MH2017PTC292572 , India, Active | Mar 17, 2017 | $58.8M (As on Mar 31, 2025) | 66 (As on Aug 01, 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 40 institutional investors and 100 angel investors.
Here is the list of recent funding rounds of CredAble:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Mar 27, 2025 | 8375461 | Series B | 1999780 | 8633532 | 1132784 | 9310199 |
Jun 12, 2024 | 1188253 | Conventional Debt | 4207977 | 6357452 | 2223648 | |
Nov 27, 2023 | 2011091 | Series B | 9141110 | 7362877 | 1111280 |
Access funding benchmarks and valuations. Sign up today!View details of CredAble's funding rounds and investors
CredAble's founders and board of directors
Founder? Claim ProfileHere are the details of CredAble's key team members:
- Rajiv Ramnarayan: Co-Founder of CredAble 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: 1 phone number
- Nirav Shaunak Choksi: Co-Founder and Chief Executive Officer of CredAble and founder of 1 other company. They are also an angel investor in 3 startups and serve on the boards of 2 companies.Contact Info: 1 email address and 2 phone numbers
- Ram Kewalramani: Co-Founder & MD of CredAble and founder of 1 other company. Contact Info: 1 email address
CredAble's Board of Directors
CredAble's board has 3 active members. Rajiv Ramnarayan, Nirav Shaunak Choksi and Sandeep Somani are part of team.Here is the list of CredAble's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 9y 2m | |
wslkyhn | Team | - | Past | 3y 8m |
Investor | - | Current | 9y 2m |
View details of CredAble's Founder profiles and Board Members
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:
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CredAble's Competitors and alternates
Top competitors of CredAble include FinBox, StrideOne and Mintifi. Here is the list of Top 10 competitors of CredAble, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Provider of infrastructure, risk intelligence, and orchestration solutions for digital lending | $51.1M | 69/100 | ||
2nd | Provider of financial solutions for startups and their supply chain | $59M | 69/100 | ||
3rd | Provider of supply chain financing solutions for small and medium enterprises | $270M | 65/100 | ||
4th | Provider of a platform facilitating trade credit and supply chain finance | $91.9M | 64/100 | ||
5th | Provider of AI-driven platform for financial analysis, verification, and decisioning | $264M | 63/100 | ||
6th | Provider of software, data, analytics, and related services for financial institutions | - | 63/100 | ||
7th |  Knight FinTech 2019, Mumbai (India), Series A | A digital banking technology company that provides full-stack banking solutions for lending, treasury management, and supply chain finance | $32.8M | 62/100 | |
8th | Provider of cloud-based digital lending software and solutions for financial institutions | $104M | 60/100 | ||
9th | Provider of working capital solutions and supply chain finance programs | $49.2M | 60/100 | ||
10th | Provider of supply chain finance and automation solutions for enterprises | $33M | 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.
Shareholders Name | Post Round Holding % | Net worth | Cumulative Investment | Realised Returns | Unrealised Returns | Return Multiple |
|---|---|---|---|---|---|---|
Founder | 30.18% | 450Cr | 8256973 | 7899760 | 1193213 | 6494398 |
8484459 | 4481140 | 6779731 | 1608288 | 5278573 | 3985691 | |
9999131 | 1671105 | 9809037 | 6778071 | 2387006 | 3202712 | |
3411861 | 3169849 | 4245819 | 7005696 | 8054996 | 9016708 | |
Fund | 13.34% | 199Cr | 9093917 | 4417645 | 2950935 | 9105256 |
4072119 | 8371353 | 8578573 | 3984449 | 1063742 | 6931471 | |
77 | 87 | 64 | 82 | 79 | 68 | |
0 | 0 | 0 | 0 | 0 | 0 | |
Enterprise | 23.60% | 356Cr | 7206192 | 3464511 | 8073640 | 7591574 |
Angel | 22.55% | 337Cr | 9367768 | 6318139 | 4116959 | 1657013 |
5072765 | 8311134 | 8349947 | 1362540 | 9570699 | 1338023 | |
Other People | 9.40% | 140Cr | 9136460 | 5904496 | 3740914 | 5712035 |
ESOP Pool | 0.93% | 13.9Cr | 0 | 0 | 0 | 0 |
Total | 100.00% | 1,500Cr | 4461350 | 2006747 | 4351029 | 4754699 |
To unlock detailed Cap Table of CredAble Sign up today!Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
DisclaimerView more details of CredAble's Shareholding
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
Filter this listMedia has covered CredAble for a total of 2 events in the last 1 year, 1 of them has been about people movement.
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CredAble & Chekk boost global working capital programs via secure digital KYC/KYB & AML solutions.Fintech Finance•Feb 24, 2025•CredAble, Chekk
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CredAble’s NBFC Joins SIDBI’s CGTMSE as Member Lending Institution to Boost MSME GrowthBusiness News This Week•Feb 12, 2025•CredAble, SIDBI, Cgtmse
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CredAble and PowerCred Join Forces to Revolutionize Working Capital Tech for Indonesian BanksEIN Presswire•Dec 05, 2024•CredAble, PowerCred, Credable
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Fintech platform CredAble appoints Deepak THM as General CounselPeople Matters•Oct 24, 2024•CredAble
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CredAble Introduces Next-Gen Credit Line for MSMEs, Setting the Stage at Global Fintech FestBusiness News This Week•Aug 30, 2024•CredAble
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Finastra partners with CredAble to deliver a holistic supply chain finance offering to banks globallyPR Newswire•Jul 23, 2024•Finastra, Credable, , CredAble and 1 other
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FinTech Player CredAble Launches Revolving Short-Term Loans Within its New MSME Lending VerticalFintech Finance•Jun 26, 2024•CredAble
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