News and Media

Indian fintech CredAvenue turns unicorn with fresh $137 million funding

Debt marketplace CredAvenue, which helps businesses and enterprises secure debt from lenders, has become the fastest Indian fintech startup...

CredAvenue acquires majority stake in Spocto Solutions

Debt marketplace CredAvenue on Monday said it has acquired a 75.1% stake in digital collections company Spocto to expand its product offerings.

Large NBFCs, HFCs to bring velocity in co-lending space: CredAvenue CEO

Gaurav Kumar, founder and chief executive officer of CredAvenue, picks out "three themes" as to why co-lending will be the biggest asset class going forward.

CredAvenue appoints Flipkart's Krishnendu Majumdar as chief...

Most recently, he served as the vice-president of catalogue and buying experience at Flipkart. He has experience across domains like banking, online brokerage...

New-age firms expand childcare benefits to give employees greater...

These companies are also offering their staff childcare reimbursement and extended maternity and paternity leaves, with the third Covid wave prolonging...

CredAvenue brings on board ByteDance's Abhishek Mehrotra...

Debt markets platform CredAvenue has brought on board Abhishek Mehrotra as chief human resource officer. Mehrotra joins the firm from Bytedance.

Don't park funds in long-term gilts, advises CredAvenue's Vibhor Mittal...

Amid the likelihood of the Reserve Bank of India embarking on a tighter monetary policy in the coming months, Vibhor Mittal, Chief Product Officer at CredAvenue...

CredAvenue to develop co-lending solutions for banks

Chennai-based CredAvenue's co-lending platform CredCoLend has announced a collaboration with the leading digital banking solution...

CredAvenue’s bond platform facilitates Rs 150 cr MLD issuance for SK Finance

SK Finance is one of the leading NBFCs in the country, with over 2.25 lakh customers with assets under management (AUM) of Rs 4,000 cr...

Shubham Jain joins CredAvenue to set up and lead its infrastructure & real estate vertical

Before joining CredAvenue, Jain was with ICRA Limited as Group Head & Senior Vice President

Supply Chain Finance: India’s ticket to finance growth

India is probably a unique market in the evolution of its banking cycle. On one hand, we have the most advanced tech stacks and product propositions for advanced payments and settlements

Vikram Verma joins CredAvenue as Senior Vice President...

The appointment comes as CredAvenue looks to deepen its technology, Data Science infrastructure and ML infrastructure

Debt platform CredAvenue sets up tech development centre...

Chennai-based enterprise debt marketplace CredAvenue, a startup that raised one of the largest Series A funding rounds of $90 million recently, has opened a new technology...

CredAvenue sets up Tech Development Centre in Bengaluru

Debt Platform, CredAvenue, today announced the inauguration of its technology development centre in Bengaluru. Primarily catering to the firm’s technology...

CredAvenue raises $90 mn is the largest-ever Series A funding

Catch our Founder & CEO, Gaurav Kumar, in conversation with Nayantara Rai on ET NOW around what it meant to raise the largest Series A round of funding in India.

Till Debt Do Us Part: How CredAvenue vows to leverage the credit...

A platform that connects enterprises with lenders and investors, CredAvenue has raised $90 million in Series A funding. Gaurav Kumar, CEO and Founder, CredAvenue says...

CredAvenue raises $90 mn in Series A round led by Sequoia

CredAvenue has facilitated transactions worth around $9 billion through its debt platform, engaging with over 1,500 institutional borrowers and more than...

CredAvenue raises $90 million in Series A led by Sequoia Capital India

The funding, which is the largest Series A equity round in India, valued the startup at $410 million. CredAvenue Founder Gaurav Kumar told Moneycontrol that the company...

CredAvenue raises $90 million in India's biggest Series A funding round

CredAvenue has raised $90 million in a Series A funding round, led by Sequoia Capital and co-led by others such as Lightspeed Venture Partners, TVS Capital Funds and Lightrock...

Online debt arranging platform CredAvenue to double headcount...

CredAvenue, the online debt arranging platform from Vivriti Capital, plans to double its headcount to 700 by March 2022 to...

Debt facilitator platform CredAvenue eyes transaction of Rs 500cr...

CredAvenue, said to be the first-of-its-kind co-lending platform, brings public and private sector banks, foreign banks and large...

USAID, DFC join hands with Kotak Mahindra Bank to support MSMEs

The scheme is expected to benefit more than 30,000 individual women borrowers and 7,500 MSME firms.

CredAvenue’s bid to reinvigorate India’s slowing enterprise...

Over the last year, enterprise lending marketplace CredAvenue has facilitated Rs 65,000 crore in disbursals.

How CredAvenue is building infrastructure to power debt market...

In a conversation with YourStory, Harshwardhan Mittal, CTO, CredAvenue, talks about the platform and how it used technology to enable Rs 55,000 crore...

CredAvenue facilitates MLD issuance of Rs 337.5 crore in MFI sector

CHENNAI: CredAvenueTM has facilitated a market linked debenture (MLD) issuance in the microfinance sector in the country through its online bond platform “Plutus”.

MonetaGo enables CredAvenue to prevent fraudulent financing

CredAvenue, a debt marketplace and part of Vivriti group, has gone live with MonetaGo’s invoice fraud prevention solution. MonetaGo will enable CredAvenue to prevent the risk

With debt deals exceeding Rs 50,000 crore, CredAvenue...

When Gaurav Kumar and Vineet Sukumar founded Vivriti Group ( Comprising Vivriti Capital, CredAvenue and Vivriti Asset Management Company) in 2017

SBM Bank India Logs On To CredAvenue As Platform Partner

Mumbai: SBM Bank India today announced its partnership with CredAvenue. Through the partnership, SBM Bank India along with CredAvenue, would facilitate access

[Funding alert] Creation Investments invest $12M debt capital in 3 Indian

According to the press release, the fund is exclusively focusing on providing debt financing to non-banking financial companies serving the Indian population in areas...