Key Metrics
  • No. of Employees229
  • Founded Year 2014
  • Company StagePrivate Limited Company
  • Total Funding₹388.52 Cr
  • Industry

  • Headquarter
  • Company StatusAcquired
About SMEcorner
SMEcorner is India's leading modern age lending company which offers quick access to business loans to micro, small & medium enterprises(MSME). SMEcorner’s mission is to offer customized credit products using modern technology and deep analytics, that gives Micro, Small and Medium Enterprises faster and more efficient access to credit solution.
Business Model

Ambit Finvest-owned SMEcorner offers quick access to business loans to micro, small & medium enterprises (MSME) and runs two products under its portfolio-unsecured business loans and loans against property. It deploys machine learning, data science, and artificial intelligence to provide services in a quick time.

Top Competitors
FL
FlexiloansU71309TN1995PTC030536
LE
LendingkartU72900GJ2014PTC081539
CF
Capital FloatU65993KA1993PTC074590
AF
Aye FinanceU65921DL1993PTC283660
IN
IncredU74899MH1991PLC340312
SMEcorner Funding Details
Funding Highlights
Latest Funding RoundSeries B
Total Funding Raised₹388.52 Cr
No. of Investments Made0
Total No. of Acquisitions0
Lead Investors2
Investors
  • Paragon Partners, Accion
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
SMEcorner Financial Details
Financial Highlights
FY 2023-24 Revenue₹1.34 Cr
FY 2023-24 Expenses₹2.47 Cr
FY 2023-24 Profit/Loss-₹42.75 Cr
Net Cash Flow From Operations-₹82.06 Lakh
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
SMEcorner Key People
People Metrics
Current Core Team1
Board Members/Directors5

Core Team

SB
Samir BhatiaFounder and CEO

Board Members/Directors

SD
Siddharth Deepak ParekhNominee Director
TD
Tushar DroliaNominee Director
GV
Ganesh Venkateshwaran RengaswamyNominee Director
VR
Vikas RajNominee Director
SB
Samir BhatiaManaging Director
SMEcorner Documents

AY - 2018-19

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

AY - 2019-20

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

AY - 2020-21

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

AY - 2021-22

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

AY - 2022-23

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

AY - 2023-24

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

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