Creditvidya/ Cred
FinTech
Investing Stage & Year
Series A
Series A, 2016
Founding Year
2012
Status
Exited
FinTech
ConsumerTech

Reimagining Credit Underwriting with Alternate Data in India

CreditVidya started as a SaaS business using proprietary underwriting technology to enable lending to the financially excluded citizens, typically those who lack collateral and credit history. Their AI and ML platformβ€”Medhasβ€”leverages payment data, financial behavioral data, and device data stored on smartphones to help determine loan applicants’ ability and intent to repay loans. This allows lenders to make richer policy decisions, thereby reducing the overall portfolio delinquencies.

Leadership

Abhishek Agarwal
Abhishek Agarwal
Co-founder & CEO
Linkedin
Rajiv Raj
Rajiv Raj
Co-founder
Linkedin

Why Did Kalaari Invest in Creditvidya/Cred?

CreditVidya is transforming credit assessment by using digital data to make lending faster, more affordable, and more accessible. After proving its platform with leading banks and financial institutions, we believe it will help accelerate India’s digital credit ecosystem.

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What the

founder says

What the

founder says

"Our vision of delivering affordable credit to the last mile would not have been achieved without the cooperation and support of policy and regulatory bodies and lenders in India. We are fortunate that the government is making huge investments in building digital infrastructure, such as IndiaStack, upon which we can innovate. Many large banks and NBFCs here also been extremely enthusiastic about partnering with us, and share our belief in doing well by doing good. They are open to ideas and experimentation, whilst keeping in mind transparency and building trust. Nothing could be more rewarding - both personally and professionally - than to have our efforts recognized on a global scale. It’s been a journey full of learning, but also one that’s just begun."
founder image
Abhishek Agarwal
CEO & Co-Founder
Kalaari’s conviction showed early β€” not just in the idea, but in the details. Vani flew to Mumbai to see our backend firsthand. That level of curiosity and belief from an investor is rare.
Gaurav Singh Kushwaha
Founder & CEO, BlueStone
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