SMEcorner - About the company
SMEcorner is an acquired company based in Mumbai (India), founded in 2014 by Neela Samir Bhatia and Sneha Shah. It operates as a Developer of an online marketplace for business loans. SMEcorner has raised $49.1M in funding from investors like Accion, Paragon Partners and Capital First, with last known valuation of $*****. The company has 461 active competitors, including 42 funded and 84 that have exited. Its top competitors include companies like WuXi AppTec, L & T Finance Holdings and AYEFin.
Company Details
Developer of an online marketplace for business loans. It enables SMEs to avail of loans from banks and NBFCs. It develops an MSME-focused credit model using machine intelligence for a faster turn-around time for disbursal. It also lets users track their applications on the platform. It offers loans such as unsecured loans, women entrepreneur loans, and loans against property.
- Website
- www.smecorner.com
- Email ID
- *****@smecorner.com
- Phone Number
- +91 **********, +91 **********
- Registered Address
- 901, Grande Palladium, 9th Floor, CST Road Kalina, Santakruz (East), Vidyanagari, Mumbai, Mumbai, Maharashtra, India, 400098
Key Metrics
Founded Year
2014
Location
Mumbai, India
Stage
Acquired
Total Funding
$49.1M in 12 rounds
Latest Funding Round
Last Known Valuation
$***** as on Dec 07, 2021
Ranked
55th among 461 active competitors
Annual Revenue
₹95.1L as on Mar 31, 2025
Employee Count
1 as on Aug 31, 2025
Similar Companies
Exit Details
Acquired by Ambit (Jan 05, 2023)
Legal entities associated with SMEcorner
SMEcorner is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
ASCENDANT FINANCIAL STRATEGIES PRIVATE LIMITED CIN: U70200MH2013PTC250061 , India, Active | Nov 13, 2013 | $113K (As on Mar 31, 2025) | 1 (As on Oct 01, 2025) |
SMEcorner's acquisition details
SMEcorner got acquired by Ambit on Jan 05, 2023.
Click here to take a look at SMEcorner's acquisition in detail
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SMEcorner's funding and investors
SMEcorner has raised a total funding of $49.1M over 12 rounds. Its first funding round was on Jun 19, 2015. Its latest funding round was a Series B round on Dec 07, 2021 for $*****. 5 investors participated in its latest round. SMEcorner has 10 institutional investors and 17 angel investors.
Here is the list of recent funding rounds of SMEcorner:
Filter this list
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Dec 07, 2021 | 9400747 | Series B | 6894200 | 8391780 | 2189341 | 7966746 |
Dec 29, 2020 | 1995119 | Conventional Debt | 1818281 | 2882820 | 5325775 | |
Mar 01, 2020 | 4391620 | Conventional Debt | 2456317 | 1335281 | 5222929 |
View details of SMEcorner's funding rounds and investors
SMEcorner's founders and board of directors
Founder? Claim ProfileThe founders of SMEcorner are Neela Samir Bhatia and Sneha Shah. Neela Samir Bhatia is the CEO of SMEcorner.
Here are the details of SMEcorner's key team members:
- Neela Samir Bhatia: Founder & CEO of SMEcorner. They are also an angel investor in 1 startup and serve on the board of 1 company.
- Sneha Shah: Former Co-Founder of SMEcorner and founder of 1 other company. They serve on the board of 1 company.
SMEcorner's Board of Directors
SMEcorner's board has 3 active members. Neela Samir Bhatia, Samir Bhatia and Vikas Raj are part of team.Here is the list of SMEcorner's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 12y 6m | |
smmgevi | Team | - | Past | 7y 5m |
mkpxxzb | Investor | bmmmvpo | Past | 9y 6m |
vxwxccr | Investor | - | Past | 3y 7m |
View details of SMEcorner's Founder profiles and Board Members
SMEcorner's employee count trend
SMEcorner has 1 employees as of Aug 25. Here is SMEcorner's employee count trend over the years:
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SMEcorner's Competitors and alternates
Top competitors of SMEcorner include WuXi AppTec, L & T Finance Holdings and AYEFin. Here is the list of Top 10 competitors of SMEcorner, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | WuXi AppTec 2000, Shanghai (China), Public | Provider of CRO and CDMO services | $40M | 79/100 | |
2nd | L & T Finance Holdings 1994, Mumbai (India), Public | Diversified lending NBFI | - | 75/100 | |
3rd | Organization empowering economic transformation of micro enterprises | $164M | 74/100 | ||
4th | Tata Capital 2007, Mumbai (India), Public | Diversified non-banking financial company | - | - | 73/100 |
5th | InPrime Finserv 2021, Bengaluru (India), Series A | Provider of financial services focused on priority sector lending in India | $10.6M | 71/100 | |
6th | APAC Group 2017, Mumbai (India), Series B | Diversified NBFI | $90M | 70/100 | |
7th | Diversified loan provider | $195M | 69/100 | ||
8th | TVS Credit 2009, Chennai (India), Series C | Provider of consumer personal and auto loans | $123M | 68/100 | |
9th | Provider of working capital loans for small businesses | $273M | 68/100 | ||
10th | Profectus Capital 2017, Mumbai (India), Acquired | Provider of SME loans | $200M | 66/100 | |
55th | Developer of an online marketplace for business loans | $49.1M | 43/100 |
Looking for more details on SMEcorner's competitors? Click here to see the top ones
SMEcorner's Investments and acquisitions
SMEcorner has made no investments or acquisitions yet.
News related to SMEcorner
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NBFC lender Ambit Finvest acquires MSME business of fintech firm SME CornerFinancial Express•Jan 05, 2023•Ambit Finvest, SMEcorner
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SMEcorner appoints new Chief of Strategy and Investor RelationsPeople Matters•May 04, 2021•SMEcorner, Investec
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SMEcorner raises $30 mn led by Paragon Partners, othersLivemint•Mar 01, 2020•SMEcorner, Paragon Partners, Quona, Accion
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Biz2Credit Secures $52 million Through Series B Funding Round Led By WestBridge CapitalCrowdfund Insider•Jun 05, 2019•Biz2Credit, WestBridge Capital, SMEcorner, Northern Arc Capital and 4 others
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SME Corner gets Rs 90 crore in equity, debtIndiatimes•Mar 06, 2019•SMEcorner, Northern Arc Capital, Vivriti Capital, Accion and 20 others
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Capital First to acquire 14.24% stake in DigikreditBusiness Standard•Jun 19, 2018•Capital First, SMEcorner, Accion
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HDFC Bank’s founding member Samir Bhatia tweaks business, raises $3 millionIndiatimes•May 09, 2018•HDFC Bank, SMEcorner, Accion
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