Credable’s Financials, Revenue, Profit, Valuation & Shareholding Overview (2025)
Legal Name: Equentia Scf Technologies Private Limited | CIN: U51100MH2017PTC292572
CredAble, founded by Nirav Choksi, is a leading Indian fintech platform that provides working capital and supply chain financing solutions. Launched in 2017 and headquartered in Mumbai, CredAble leverages advanced technology and data-driven insights to empower businesses with customized financing products. It partners with large corporates, vendors, and financial institutions to enhance liquidity and optimize cash flows. CredAble's innovative approach has helped numerous enterprises improve operational efficiency and unlock growth opportunities. With strong investor backing and continuous technology innovation, CredAble is poised to redefine enterprise financing in India and beyond.
| Founding year | 2017 |
|---|---|
| Headquarters | Mumbai, India |
| Valuation | ~$300M (2023) |
| Total Funding | $60M |
| Annual Revenue | ₹120 Cr (FY24) |
| Annual Net Profit | ₹5 Cr (FY24) |
| EBITDA Margin | 8% |
| Employees | ~350 |
| Round | Date | Amount | Investors |
|---|---|---|---|
| Seed | 2018 | $3M | Angel Investors |
| Series A | 2020 | $30M | Multiple Institutional Investors |
| Series B | 2022 | $27M | Sequoia Capital India, others |
- Expand supply chain financing partnerships.
- Invest in AI-driven credit analytics.
- Strengthen pan-India market presence.
- Explore IPO possibilities in the next few years.
CredAble recently secured new funding to accelerate technology upgrades and announced plans to expand its supply chain financing solutions to global markets.
| Metric | Detail |
|---|---|
| Revenue Growth | ▲ ₹120 Cr in FY24 |
| Profitability | ▲ Positive net profit achieved |
| Funding | ▲ $60M raised |
| Efficiency | ▲ EBITDA margin improved to 8% |
| Valuation | ▲ ~$300M (2023) |
CredAble continues to strengthen its position as a pioneer in working capital and supply chain financing. Its strong growth trajectory, technological focus, and solid financials make it a key player to watch.
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