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MINIONS VENTURES PRIVATE LIMITED

KredX

U74900KA2015PTC080305

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₹1,999.00 ₹3,998.00
Suggest Edit Last updated: Jan 17, 2025
Key Metrics
  • No. of Employees168
  • Founded Year 2015
  • Company StagePrivate Limited Company
  • Total Funding₹232.96 Cr
  • Industry

  • Headquarter
  • Company StatusActive
About KredX
Founded in 2015 in Bangalore, KredX is one of India's Leading Supply Chain Financing Solution Providers, accelerating finance through the use of cutting-edge technology and data. The company offers a host of customisable solutions ranging from enterprise finance and cash flow management solutions to working capital and channel financing solutions for businesses, large and small, operating within the supply chain ecosystem while offering unique alternative debt investment solutions to investors worldwide. Through the use of reliable technology to accelerate customer growth, the company aims to become the world’s fastest Operating System for supply chain finance.
Business Model

Started in 2015, KredX is invoice discounting platform that help businesses meet their short-term working capital needs by facilitating discounting of their unpaid invoices. “KredX platform works closely with suppliers, corporates and investors to make the money flow in a supply chain ecosystem more efficiently.

Top Competitors
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InvoicemartU74999MH2016PLC281452
VN
Vayana NetworkU74999PN2016PTC165017
CR
CredableU51100MH2017PTC292572
KredX Funding Details
Funding Highlights
Latest Funding RoundSeries B
Total Funding Raised₹232.96 Cr
No. of Investments Made0
Total No. of Acquisitions1
Lead Investors3
Investors
  • Peak XV Partners, Prime Venture Partners, Tiger Global
Funding Details
TheKredible's detailed funding report contains info about Funding raised by the company along with Lead Investors, Investors, Shareholding Strcuture, and its Investments & Acquisitions.
₹799.00 ₹1,598.00
Funding History
TheKredible's 'Funding History' report provides deep insights of Funding with list of Lead Investors
₹399.00 ₹798.00
Funding Per Year
A Funding report of the company's overall funding on yearly basis, segregated by the team TheKredible.
₹199.00 ₹398.00
Acquisition Company Done
Detailed report about the Acquistions the company has done till date.
₹499.00 ₹998.00
KredX Financial Details
Financial Highlights
FY 2023-24 Revenue₹41.62 Cr
FY 2023-24 Expenses₹72.79 Cr
FY 2023-24 Profit/Loss-₹31.21 Cr
Net Cash Flow From Operations-₹36.38 Cr
Full Financial Details
Detailed report containing info about Business Model, year-wise Financial Comparison, Ratio Analysis and detailed Revenue and Expense breakdowns.
₹799.00 ₹1,598.00
Financial Comparison
A detailed report of year-wise Financial Comparison of the company
₹430.00 ₹860.00
Revenue Breakdown
A report and breakdown of the company's year-wise revenue streams.
₹399.00 ₹798.00
Expense Breakdown
A report and breakdown of the company's year-wise expenditures.
₹399.00 ₹798.00
Shareholding Structure
Team at TheKredible has gone through several ROC filings and portrayed Shareholding Structure of the company.
₹499.00 ₹998.00
Financial Ratio
Analysis of Financial Ratios which gives quick insights about the company's profitability and capital efficiency.
₹199.00 ₹398.00
KredX Key People
People Metrics
Current Core Team2
Board Members/Directors2

Core Team

MK
Manish KumarCo-Founder & CEO
AJ
Anurag JainCo-Founder

Board Members/Directors

MK
Manish KumarManaging Director
AJ
Anurag JainWholetime Director
KredX Documents

AY - 2018-19

Profit and Loss statement - KredX - 2018-19.pdf
TheKredible's experts has summarized the Profit and Loss Statement of KredX for FY 2018-19.
₹249.00 ₹498.00
Balance Sheet - KredX - 2018-19.pdf
TheKredible's experts has summarized the Balance Sheet of KredX for FY 2018-19.
₹249.00 ₹498.00

AY - 2019-20

Profit and Loss statement - KredX - 2019-20.pdf
TheKredible's experts has summarized the Profit and Loss Statement of KredX for FY 2019-20.
₹249.00 ₹498.00
Balance Sheet - KredX - 2019-20.pdf
TheKredible's experts has summarized the Balance Sheet of KredX for FY 2019-20.
₹249.00 ₹498.00

AY - 2020-21

Profit and Loss statement - KredX - 2020-21.pdf
TheKredible's experts has summarized the Profit and Loss Statement of KredX for FY 2020-21.
₹249.00 ₹498.00
Balance Sheet - KredX - 2020-21.pdf
TheKredible's experts has summarized the Balance Sheet of KredX for FY 2020-21.
₹249.00 ₹498.00

AY - 2021-22

Profit and Loss statement - KredX - 2021-22.pdf
TheKredible's experts has summarized the Profit and Loss Statement of KredX for FY 2021-22.
₹249.00 ₹498.00
Balance Sheet - KredX - 2021-22.pdf
TheKredible's experts has summarized the Balance Sheet of KredX for FY 2021-22.
₹249.00 ₹498.00

AY - 2022-23

Profit and loss statement - KredX - 2022-23.pdf
TheKredible's experts has summarized the Profit and Loss Statement of KredX for FY 2022-23
₹249.00 ₹498.00
Balance sheet - KredX - 2022-23.pdf
TheKredible's experts has summarized the Balance Sheet of KredX for FY 2022-23
₹249.00 ₹498.00

AY - 2023-24

Profit and loss statement - KredX - 2023-24.pdf
TheKredible's experts has summarized the Profit and Loss Statement of KredX for FY 2023-24
₹249.00 ₹498.00
Balance sheet - KredX - 2023-24.pdf
TheKredible's experts has summarized the Balance Sheet of KredX for FY 2023-24
₹249.00 ₹498.00

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