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Okcredit.in
OkCredit is a mobile based solution for small business owners and their customers to enable recording of credit/payment transactions digitally all across the country
About Okcredit.in
OkCredit is an Indian-based startup that offers a digital ledger application designed to simplify the process of tracking and managing credit for small businesses. The platform is particularly beneficial for businesses such as mobile repair shops, medical and pharmacy stores, grocery stores, snack centers, garment stores, wholesalers, distributors, and more.
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The application operates in 11 different languages, making it accessible to a wide range of users across India. It provides a simple and intuitive user interface, making it easy for business owners to navigate and manage their credit transactions. The app is completely free to use, with no monthly fees, making it an affordable solution for small businesses.
One of the key features of OkCredit is its ability to send timely reminders to customers via SMS and WhatsApp, reducing the hassle of manual collections. It also offers online payment collection, making it easier for businesses to receive payments from their customers.
The application ensures the safety and security of the user's data, with both online and local backup options available. This means that business owners can access their reports and statements on any device, at any time, without fear of losing their customer records.
OkCredit operates on a freemium business model, where basic services are provided for free, while advanced features and capabilities are available for a fee. This model allows the company to attract a large user base while generating revenue from premium services.
At a glance
- Status
- Operational
- Founded
- 2017
- Headquarters
- Bengaluru, India
- Employees
- 142
- Open positions
- None listed
- Dealroom signal
- 66.5/100
- Industry
- Fintech
- Sub-industry
- Financial Management Solutions
- Sector
- Fintech, Accounting, Invoicing, SME, YC S18, financial inclusion
- Business model
- SaaS
- Client focus
- b2b
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SUPPORT PROGRAMOther financing | Aug 2021 | — | — | Google for Startups Accelerator | — |
| SERIES BOther financing | Sep 2019 | $67M | $268M | Lightspeed Venture Partners · Tiger Global | — |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
Latest recorded traffic for Okcredit.in is 280K monthly website visits, down 15.2% over the last three months. Okcredit.in's team declined 1.4% over the past year.
Similar companies
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed1 investor entered at this stage
Series A4 investors entered at this stage
Tiger Global
Venture Highway
5Y Capital
Lightspeed Venture Partners
Other known investors1 additional known investor
Google for Startups Accelerator
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Okcredit.in on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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