FinTech startups okcredit raised $67 million from Tiger Global

 FinTech startup okcredit, App view
FinTech startup okcredit

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.

One comment

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s