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.
- Website
- credable.in
- 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
Investors
Ranked
9th among 136 active competitors
Annual Revenue
₹100 - ₹500 Cr as on Mar 31, 2025
Employee Count
152 as on Jul 31, 2025
Legal entities associated with CredAble
CredAble is associated with 3 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
EQUENTIA TRADE SOLUTIONS PRIVATE LIMITED CIN: U51909MH2022PTC390236 , India, Active | Sep 09, 2022 | ₹100 - ₹500 Cr (As on Mar 31, 2025) | - | |
EQUENTIA SCF TECHNOLOGIES PRIVATE LIMITED CIN: U51100MH2017PTC292572 , India, Active | Mar 17, 2017 | ₹100 - ₹500 Cr (As on Mar 31, 2025) | 66 (As on Aug 01, 2025) | |
EQUENTIA FINANCIAL SERVICE PRIVATE LIMITED CIN: U65990MH2017PTC301251 , India, Active | Oct 30, 2017 | ₹50 - ₹100 Cr (As on Mar 31, 2025) | 68 (As on May 01, 2026) |
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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:
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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 |
View details of CredAble's funding rounds and investors
CredAble's founders and board of directors
Founder? Claim ProfileThe founders of CredAble are Rajiv Ramnarayan and Ram Prakash Kewalramani.
Here 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
- Ram Prakash Kewalramani: Co-Founder & Managing Director of CredAble and founder of 1 other company. Contact Info: 1 email address and 1 phone number
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 |
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 Mintifi, FinBox and OPLinnovate. 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 supply chain financing solutions for small and medium enterprises | $270M | 74/100 | ||
2nd | Provider of infrastructure, risk intelligence, and orchestration solutions for digital lending | $51.1M | 70/100 | ||
3rd | OPLinnovate 2015, Ahmedabad (India), Series B | White label solutions for financial institutions | $14.2M | 67/100 | |
4th | Provider of cloud-based digital lending software and solutions for financial institutions | $104M | 65/100 | ||
5th | Provider of software, data, analytics, and related services for financial institutions | - | 65/100 | ||
6th | Provider of AI-driven platform for financial analysis, verification, and decisioning | $435M | 64/100 | ||
7th | Mynd Fintech 2002, Gurugram (India), Series A | Online marketplace for supply chain financing | $16.3M | 64/100 | |
8th | Nucleus Software 1986, Noida (India), Public | Core banking platform for banks & financial institutions | - | - | 61/100 |
9th | Provider of working capital solutions and supply chain finance programs | $49.2M | 59/100 | ||
10th | B2B fintech platform providing technology for credit, card, lending, and banking products | $10.6M | 59/100 |
Looking for more details on CredAble's competitors? Click here to see the top ones
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
Media has covered CredAble for 1 event in last 1 year.
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CredAble Crosses INR 250 Cr in Trade Receivables SecuritizationMar 28, 2025•CredAble
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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 GrowthBusinessnewsthisweek•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 FestBusinessnewsthisweek•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, https://credable.com, 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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