Last updated: Sep 2, 2024
- Brand NameYubi (CredAvenue)
- HeadquarterChennai
- No. of Employees681
- Industry
Fintech
- Founded Year 2020
- Company StatusActive
- Highlights
- Total Funding₹1973.42 Cr
- Funding Rounds4
- Number of Acquisitions3
- FY 2022-23 Revenue₹390.65 Cr
- FY 2022-23 Loss-₹509.83 Cr
About Yubi (CredAvenue)
Yubi is the world's first possibility platform powering the discovery, investment, fulfilment of credit. They are re-defining global debt markets by freeing the flow of finance between borrowers, lenders, and investors. Yubi stands for ubiquitous, .....
Business Model of Yubi (CredAvenue)
Yubi (CredAvenue) is a business-focused lending marketplace that connects businesses seeking loans with financial institutions and other investors. Their solutions include vendor and dealer financing, and a bonds marketplace that provides access to exclusive primary and secondary bonds. The company is in association with more than 500 banks and NBFCs to facilitate loans to over 1,000 enterprises.
Key People/Management
Show allGK
Gaurav KumarFounder & CEO
VS
Vineet Sukmar Director
SV
Sakshi Vijay ChopraDirector
JT
John Tyler DayDirector
AS
Aditya SharmaDirector
KS
Kartik SrivatsaDirector
Top Competitors
LE
LendingkartU72900GJ2014PTC081539
LE
LentraU72900PN2018PTC177921
KR
KreditbeeU74900KA2016PTC086953
OX
OxyzoU65929DL2016PTC306174
MI
MintifiU74999MH2017PTC289428
Latest News
- Yubi appoints Atanu Chakraborty as chairmanOct 17, 2022
- Yubi appoints ex-Salesforce executive Venkat Ramana Sonnathi as group chief architectAug 23, 2022
- Yubi’s operating revenue crosses Rs 153 Cr in FY22, losses zoom over 8XAug 16, 2022
- Yubi Build aims to sanction realty, infrastructure loans worth Rs 4,000 crore in FY23Aug 4, 2022
- CredAvenue picks up majority stake in SaaS firm Corpository at Rs 100 crore valuationApr 26, 2022
- CredAvenue turns unicorn after raising $137 million fundingMar 7, 2022
- Debt marketplace Credavenue acquires majority stake in Spocto for ₹400 crFeb 14, 2022
- CredAvenue acquires majority stake in Spocto SolutionsFeb 14, 2022
- CredAvenue partners Infosys Finacle for co-lending solutionsFeb 10, 2022
- CredAvenue raises $90 mn in Series A round led by SequoiaSep 30, 2021