Haryana-based FinTech startup okcredit raised $67 million in Series C funding round from investor Lightspeed and Tiger Global Management.

• Startup Okcredit is founded in 2017 by Aditya Prasad, Gaurav Kumar, and Harsh Pokharna.
• In June 2019, fintech startup Okcredit raised $15.5M funding in series A from 5 investors led by Tiger Global Management.
• Investor Y Combinator is an early investor in the Indian startup okcredit, invested $1.7M in August 2018.
• The total fund raised by startup okcredit is $84.2M in 3 rounds from investors. 

FinTech Startup okcredit is a by-product of the Digital India movement. When governments total exposure on digitalization, the startup is beneficiary of Digital India.

Also read: 35 Top Fintech startups ideas and opportunities

Y Combinator, Venture Highway, Morningside Venture Capital, and Lightspeed India Partners are the investor in the Indian startup.

Key features of OkCredit

• Install OkCredit for free
• Register New Account
• Add Customer Name & Number
• Record Credit & Payment
• View Balance Anytime, Anywhere
• Free SMS to Customer
• View Account Summary

Fintech Startup okcredit is an app-based credit account management solution for small shop and business owners and their customers to facilitate the documentation of credit/payment transactions digitally all across the country.

The digitalization of transactions will reduce the extra burden of keeping and accounting paper account books.