Key Metrics
- No. of Employees229
- Founded Year 2014
- Company StagePrivate Limited Company
- Total Funding₹388.52 Cr
- Industry
- Headquarter
- Company StatusAcquired
About SMEcorner
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
Funding History
Funding Per Year
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
Financial Comparison
Revenue Breakdown
Expense Breakdown
Shareholding Structure
Financial Ratio
SMEcorner Key People
People Metrics
Current Core Team1
Board Members/Directors5
SMEcorner Documents