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CredAble is a Mumbai, India-based financial technology platform that provides supply chain and working capital financing solutions to enterprises and small businesses. The company offers a white-labeled Banking as a Service platform that enables banks and financial institutions to deploy digital programs for anchor-led financing, trade finance, and embedded lending. By utilizing SaaS interfaces, eKYC protocols, and data analytics, the system structures liquidity programs for vendors, distributors, and retailers. The platform facilitates over $6 billion in working capital annually while serving a network of over 125 corporate anchors, 35 financial institutions, and 275,000 small business borrowers. Backed by $60 million in total funding from investors including Alpha Capital, the enterprise has participated in the Oracle Startup Accelerator and joined the SME Finance Forum. CredAble was founded in 2017 by Nirav Choksi and Ram Kewalramani.
CredAble has raised $45.1M across 4 funding rounds.
CredAble has raised $45.1M in total across 4 funding rounds.
CredAble has raised $45.1M in total across 4 funding rounds.
CredAble's investors include Dotun Olowoporoku, AAIC, Acasia Ventures, EMURGO Africa, Launch Africa, Magic Fund.
CredAble has raised $45.1M across 4 funding rounds. Most recently, it raised $3.6M Debt in June 2024.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Jun 14, 2024 | $3.6M Debt Financing | — | — | Announced |
| Mar 20, 2023 | $2.5M Seed | Dotun Olowoporoku | AAIC, Acasia Ventures, EMURGO Africa, Launch Africa, Magic Fund | Announced |
| Aug 5, 2022 | $9M Venture Round | — | — | Announced |
| Oct 21, 2021 | $30M Series B | — | — | Announced |
