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Founded Year



Bridge | Alive

Total Raised


Last Raised

$790K | 4 yrs ago

About CreditMantri

CreditMantri operates as an online platform providing support and tools for credit decision-making. It enables users to access their credit scores, learn how they can improve their credit health, and discover products best matched to their credit profile. The company was founded in 2012 and is based in Chennai, India.

Headquarters Location

Door No.3, Block B, No.147, Workeasy Space Solutions RK Swamy Centre, Hansa Building, Pathari Road, Thousand Lights

Chennai, 600-017,



CreditMantri's Products & Differentiators

    Profiling framework

    customer profiling framework that uses traditional and alternate data, and a user consent driven model. This profiling results in our customers being classified into various segments, each having a distinct need - Credit Challenged, New To Credit, Low Income Credit Healthy and High Income Credit Healthy. We then help them discover credit products best matched to their profile.


Expert Collections containing CreditMantri

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

CreditMantri is included in 3 Expert Collections, including Fintech 100.


Fintech 100

498 items

250 of the most promising private companies applying a mix of software and technology to transform the financial services industry.


Digital Lending

2,367 items

This collection contains companies that provide alternative means for obtaining a loan for personal or business use and companies that provide software to lenders for the application, underwriting, funding or loan collection process.



12,502 items

Excludes US-based companies

Latest CreditMantri News

Top 10 Best Finance Technology Companies In India In 2023

May 23, 2023

Top 10 Best Finance Technology Companies In India In 2023 Top 10 Best Finance Technology Companies In India In 2023 Share INTRODUCTION India is a hotbed of financial technology companies in 2023. Fintech startups and established companies alike have made India a go-to destination for innovative technology solutions . Related Articles May 23, 2023 Companies such as Paytm, Razorpay, and MobiKwik are leading the way with mobile payment and banking services. The Indian government is encouraging more investment in fintech products by relaxing regulations. Additionally, venture capital firms are starting to invest heavily in fintech startups. This has led to the formation of more niche fintech companies that specialize in specific areas like wealth management, insurance, and lending. These companies are leveraging big data, machine learning, blockchain , and artificial intelligence technologies to provide greater financial access to all Indians. As a result, India’s fintech industry is expected to reach over $1 trillion by 2023. IMPORTANCE In 2023, finance technology companies in India will play an increasingly important role in the country’s overall economy. As the Indian economy continues to grow, finance technology companies are expected to become major drivers of growth . These companies provide innovative ways to access financial services and products, allowing people to make smarter decisions and manage their money more efficiently. The finance technology sector in India is expected to be worth $1.2 trillion by 2025, with an average annual growth rate of 25%. In particular, the mobile payments market is projected to reach $1 trillion by 2022, a fivefold increase from 2017 levels. This reflects the surge in digital adoption in India, as well as the rise of ecommerce. Finance technology companies are also increasingly leveraging the latest technologies, such as artificial intelligence (AI), machine learning (ML) and big data analytics, to optimize customer experience and reduce costs. For example, AI-based chatbots can enable customers to ask questions regarding financial services and receive personalized answers instantly. ML algorithms are being used to predict customer needs and behaviour, allowing these companies to tailor better the services they offer and target specific demographics. Similarly, big data analytics is helping them gain valuable insights into customer preferences and trends. In conclusion, finance technology companies in India will be integral to the country’s economy in 2023. They will play a key role in providing innovative financial services and products, leveraging new technologies to optimize customer experiences and ultimately drive economic growth. Here are the top 10 best finance technology companies in India in 2023 Paytm – Paytm is a digital payments and financial services platform based in India. Established in 2010, the company has grown to become one of the largest digital payment platforms in the country, with over 300 million users. Paytm enables customers to pay for goods and services through an end-to-end digital payments experience that includes both online and offline transactions. It’s available on a variety of devices, including mobile phones, tablets, computers, and more. Paytm provides a secure and convenient way for customers to transact online. It offers a wide range of payment options, including credit and debit cards, UPI, net banking, and more. Additionally, customers can avail of discounts and cashback when they shop or transact with Paytm. The company also recently launched the Paytm First card, which allows customers to access exclusive privileges such as travel benefits, discounts, and more. The company has also ventured into the world of finance, offering customers loans, mutual funds, insurance policies, and more. Customers are able to invest in stocks and IPOs through the Paytm Money app. Aside from digital payments, Paytm has also ventured into the world of e-commerce, enabling customers to buy products from various merchants and brands. Paytm has come a long way since its inception in 2010, establishing itself as one of the most prominent digital payments companies in India. It has continually evolved to offer customers the best possible digital payments experience and more. With its commitment to innovation and security, Paytm is sure to continue to grow and thrive in the years to come. Razorpay – Razorpay is a fintech company based in India that specializes in digital payments. Founded in 2014 by Harshil Mathur and Shashank Kumar, the company has quickly become one of the most popular payment solutions in India. Razorpay enables businesses to accept payments online, including from debit cards, credit cards, net banking, UPI, and various wallets. It also offers a suite of solutions for business owners, such as recurring payments and subscription management, customizable checkout pages, automatic invoicing, and real-time fraud protection. Razorpay’s mission is to make payments simpler, faster, and more secure for businesses, customers, and partners. The company is backed by some of the world’s top investors, including Tiger Global Management, Sequoia Capital India, Matrix Partners India, and Y Combinator. PhonePe – PhonePe is a digital payment platform founded in 2015 that operates as a subsidiary of Flipkart, India’s leading e-commerce marketplace. It enables users to make instant payments and transfers through their smartphones, using Unified Payments Interface (UPI) from any bank account or Credit/Debit card. PhonePe features an intuitive user interface and supports a wide range of services such as mobile recharge, utility bills payment, DTH recharge, insurance premium payments, and more. It also allows users to send money to friends and family easily. With its secure payment gateway, PhonePe ensures that all transactions are safe and protected. Furthermore, it offers reward points for frequent usage and discounts and cashbacks on select products. PhonePe also has a 24×7 customer service team that can be contacted through the app or over the phone. PhonePe is one of India’s most popular digital wallet apps, with over 200 million users and over 1 billion transactions per month. Bankbazaar – Bankbazaar is a leading financial services marketplace that helps customers make informed and convenient choices in their banking, insurance, personal finance and investment decisions. Founded in 2008, Bankbazaar has grown to become one of India’s largest online financial services providers, offering over 1,400 products from over 140 banks, NBFCs and insurers. Bankbazaar provides its customers with a secure, transparent and efficient digital platform to compare financial products, apply for them online and get doorstep delivery. Bankbazaar also offers exclusive discount deals and cashback offers on its products, giving customers access to the best deals available in the market. As a responsible organization, Bankbazaar also educates its customers on financial literacy through its free online Learning Centre, which has thousands of articles, videos and infographics created by experts. Bankbazaar has been recognized as Asia’s Most Trusted Brand in Financial Services by readers of The Asian Banker Journal and has also won accolades like the CNBC TV 18’s Emerging India Award and the Global Brand Excellence Award. With its focus on customer experience, technology superiority and innovation, Bankbazaar has revolutionized how customers transact with financial institutions. CreditMantri – CreditMantri is a leading fintech company in India, providing credit score-based financial services to individuals and businesses. Founded in 2012, the company specializes in helping customers access credit products, such as personal loans, credit cards, and car loans, based on their credit score. Through its proprietary platform, CreditMantri connects users with lenders who match their requirements and helps them make informed decisions regarding their finances. The company also offers an array of value-added services, such as credit report analysis, identity verification, dispute resolution, and loan management. CreditMantri has partnered with over 100 financial institutions, including banks, NBFCs, and alternative lenders, to provide customized solutions that meet the needs of their customers. With a focus on data-driven decision-making, the company leverages advanced analytics and AI to help customers improve their financial health. CreditMantri’s team of experienced professionals also provides personalized guidance and advice to help customers make the best financial decisions. By monitoring a customer’s credit performance in real time, CreditMantri ensures that customers remain compliant with their lenders and make timely payments. Furthermore, the company provides an online marketplace that helps customers compare and evaluate different financial instruments, enabling them to choose the best option for their individual needs. ICICI Lombard – ICICI Lombard is a leading general insurance company in India. Founded in 2001, the company offers a wide range of insurance products, including health, motor, travel, home, personal accident, business and commercial insurance. The company has a strong presence in both urban and rural areas, with over 14,000 branches across India. It also offers online services to customers, allowing them to purchase insurance policies through its website, mobile app and via telephone. ICICI Lombard has a network of more than 8,500 cashless hospitals and diagnostic centres across the country. The company has also partnered with e-commerce portals such as Flipkart, Amazon and Paytm to offer easy and convenient shopping experiences for customers. The company’s robust technology-driven platform is developed and managed by an experienced team of IT professionals. This platform offers features such as real-time policy issuance and renewal, a payment gateway for multiple payment options, policy information and compare rates, alerts and notifications, and customer service support. ICICI Lombard is known for its innovative products, competitive pricing and excellent customer service. It has been consistently ranked among the top three non-life insurers in India, according to the IRDAI Annual Report 2016-17. The company remains committed to providing quality services and products that meet the needs of the customers. PolicyBazaar – PolicyBazaar is an Indian technology-driven financial services company founded in 2008. It is a one-stop shop for comparison and purchase of insurance policies, mutual funds, loans and other financial products. Its mission is to simplify the process of decision-making for customers by providing them with access to unbiased information and recommendation tools. As of 2021, PolicyBazaar has reached over 13 million customers and facilitated more than INR 1000 crore worth of premium transactions. PolicyBazaar provides online comparison across different categories of insurance policies. Customers can compare hundreds of policies, and check product features, benefits, terms and conditions and premiums. These comparisons are made possible by the use of data analytics and advanced algorithms. The company also helps customers to buy their desired policy online through its secure payment gateway. Furthermore, it offers various value-added services such as customer support, claim assistance and policy renewal. PolicyBazaar is constantly expanding its product portfolio to include new products like Mutual Funds, Loans and Credit Cards. Apart from providing insurance comparison and purchase facilities, PolicyBazaar also offers personalized advice on financial planning to its customers. This advice is tailored to customers’ needs and takes into account their current financial situation. The company has partnered with several financial institutions to bring customized solutions to its customers. The company was one of the first ecommerce companies to receive the ISO 27001 certification for security. It also ranks among the best employers in India according to Great Place to Work Institute. PolicyBazaar has received several awards for its pioneering efforts in the field of financial services and for its contribution to the Indian economy. YONO by SBI – Yono by SBI is an innovative mobile banking solution developed by the State Bank of India. It is a comprehensive digital platform for banking, financial services, lifestyle and shopping. Yono offers a wide range of products and services to its customers, including savings accounts, credit cards, insurance, mutual funds, investments, personal loans, and more. Users can also make payments, transfer money, and access utility services such as booking train tickets, ordering food, and buying movie tickets. The platform has been designed to provide a safe and secure experience for customers. It uses advanced encryption technology to ensure that all transactions are protected from fraud and cyber theft. Additionally, Yono offers 24/7 customer service to assist users with any queries or concerns that they may have. With its comprehensive range of services, Yono by SBI has revolutionized how people manage their finances and access banking services. Credy – Credy Company is an innovative financial technology company that provides an easy and secure way to get access to credit. Founded in 2021, Credy has quickly become one of the fastest-growing fintech companies in the world. The company’s mission is to make credit more accessible and affordable for everyone. At its core, Credy offers a simple online platform for users to manage their financing needs. Users can apply for loans and credit cards through the website or app and instantly receive a decision on their application. They also have the option to use Credy’s AI-powered chatbot to help with their loan applications. Credy’s main focus is to provide customers with a quick and secure loan approval process. Once approved, customers can quickly and conveniently get their cash, either through direct deposit or a prepaid debit card. Credy helps customers understand the terms of their loans and provides them with payment reminders and budgeting tools to help them stay on track with their payments. Credy also offers an online marketplace where users can compare different financing options. This allows them to find the best rates and terms available from various lenders. Customers can also use Credy’s Credit Health Monitor to monitor their credit scores and view their credit reports. Credy has built strong relationships with many of the top banks and financial institutions, giving them access to competitive rates and special offers. The company also works with other financial products like insurance, investments, and mortgages to give customers even more choices. Overall, Credy is a revolutionary financial technology company that is revolutionizing how people borrow money. With its user-friendly platform, fast loan approvals, and comprehensive financial solutions, Credy is making it easier for customers to get the funds they need to improve their lives. ZestMoney – ZestMoney is a financial technology company based in India. Founded in 2015, the company provides digital credit solutions to customers across more than 3000 online and offline stores. ZestMoney works with leading corporates and banks to provide easy access to credit for people who are unable to get it from traditional lenders. The platform makes use of proprietary technologies such as artificial intelligence and machine learning algorithms to ensure that customer data is secured and risk is minimized. With its mission to improve financial inclusion, ZestMoney has become one of the most popular lending services in India, helping millions of Indians access digital credit at affordable rates. ZestMoney offers personalized plans depending on the customer’s repayment ability. Customers can pay in their own time, with flexible payment options, and also receive attractive rewards and discounts for timely repayment. The company also provides educational resources on personal finances to help customers make informed decisions. In addition to providing digital credit solutions to individuals, ZestMoney also partners with businesses to give them the tools they need to offer credit to their customers. It is a secure and reliable platform that is helping to revolutionize the way customers access credit. CONCLUSION In India, financial technology companies have experienced tremendous growth in the past few years. By 2023, fintech firms will have become a major players in the country’s economy, offering innovative products and services that help customers save time and money. In terms of adoption, digital payments, peer-to-peer lending, and personal finance management tools have become mainstream and widely accepted. Fintech companies are now providing a wider range of services, such as insurance, loans, credit scoring, and asset management. The increased competition has spurred innovation, leading to better customer experiences. As India continues to progress on its path towards digitalization, fintech firms will remain at the forefront of the country’s economy.

CreditMantri Frequently Asked Questions (FAQ)

  • When was CreditMantri founded?

    CreditMantri was founded in 2012.

  • Where is CreditMantri's headquarters?

    CreditMantri's headquarters is located at Door No.3, Block B, No.147, Workeasy Space Solutions, Chennai.

  • What is CreditMantri's latest funding round?

    CreditMantri's latest funding round is Bridge.

  • How much did CreditMantri raise?

    CreditMantri raised a total of $12.43M.

  • Who are the investors of CreditMantri?

    Investors of CreditMantri include Chiratae Ventures, Elevar Equity, Accion Venture Lab, IDG Capital, Frontier Investments Group and 4 more.

  • Who are CreditMantri's competitors?

    Competitors of CreditMantri include ID Finance, Juvo, Ice Kredit, LendStreet, ClearScore and 7 more.

  • What products does CreditMantri offer?

    CreditMantri's products include Profiling framework and 3 more.


Compare CreditMantri to Competitors


WeCash is a China-based data credit assessment startup. The company helps analyze Chinese customers' credit. Customers sign up for the app, provide information to the company, and receive a credit evaluation. WeCash is able to quickly provide extensive credit assessments and build predictive models for customers' credit risk.

LendStreet Logo

LendStreet provides lending. It helps with debt refinancing and restructuring. It provides consumer loans in financial distress and improves monthly cash flow to allow for emergency savings. The company was founded in 2010 and is based in Oakland, California.

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IndiaLends is a credit underwriting and analytics platform for lending. It uses proprietary algorithms to connect borrowers with financial institutions that match their credit profiles. It also provides data analytics and risk-scoring services to financial institutions. The company was founded in 2014 and is based in Gurugram, India.

Juvo Logo

Juvo builds predictive financial identities through mobile network operator billing, usage, and airtime lending data. It develops a platform that analyzes mobile network data to build financial identities. The platform uses data science, artificial intelligence, and game mechanics to create an identity-based relationship with anonymous prepaid users. The company was founded in 2014 and is based in San Francisco, California.

ID Finance Logo
ID Finance

ID Finance is a retail banking and finance solution. The company measures credit risk when making loans. It uses machine learning and advanced data science techniques to provide competitive financial services to the underbanked and help customers build their credit profiles. The company was founded in 2012 and is based in Barcelona, Spain.

Ice Kredit

Ice Kredit is a high-tech company that operates in the artificial intelligence and big data sectors. The company offers services such as personal and enterprise risk prediction, intelligent risk control decision-making, and intelligent customer acquisition. It primarily serves sectors such as banking, insurance, and investment. It was founded in 2015 and is based in Shanghai, Shanghai.


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