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OkCredit
company
About
OkCredit simplifies credit account management for shop owners and their customers.
- Kormangala,Karnataka,India
- 101 - 250
- https://www.okcredit.in/
Details
- Last Funding Type
- Non-Equity Assistant
- Industries
- Finance,Financial Exchanges,Financial Services,FinTech,Personal Finance
- Founded date
- Apr 1, 2017
- Number Of Employee
- 101 - 250
- Operating Status
- Active
- Legal Name
- Psi Phi Global Solutions Pvt. Ltd.
- Also Known As
- Psi Phi Global Solutions Private Limited
OKCredit simplifies credit account management for shop owners and their customers. It is a mobile based solution that enables recording of credit/payment transactions digitally all across the country. Gaurav Kumar and Aditya Prasad founded it in April 2017, with its headquarters in Faridabad in India.
Funding Rounds
Number of Funding Rounds
Total Funding Amount
4
$84.20M
OkCredit has raised a total of
$84.20M
in funding over 2 rounds. Their latest funding was raised on
Aug 17, 2021 from a Non-Equity Assistant round.
| Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
|---|---|---|---|---|---|---|
| Aug 17, 2021 | Non-Equity Assistant | — | 1 |
Google for Startups
|
— | Detail |
| Sep 13, 2019 | Series B | $67M | 2 |
Tiger Global Management
|
— | Detail |
| Jun 10, 2019 | Series A | $15.50M | 5 |
Tiger Global Management
|
— | Detail |
| Aug 22, 2018 | Seed | $1.70M | 4 | — | — | Detail |
Investments
Number of Investments
Number of Lead Investments
6
0
OkCredit has made 6 investments. Their most recent investment was on
Oct 14, 2022, when Fulcrum raised $18.80M.
|
Date
Company Name
|
Round | Money Raised | Industry | Lead Investor |
|---|---|---|---|---|
|
Oct 14, 2022
Fulcrum
|
Series A | $18.80M | Enterprise Resource Planning (ERP) | — |
|
May 13, 2021
Upsie
|
Series A | $18.20M | Apps | — |
|
Sep 24, 2020
Fulcrum
|
Seed | $3.10M | Enterprise Resource Planning (ERP) | — |
|
May 28, 2019
Upsie
|
Seed | $5M | Apps | — |
|
Apr 10, 2019
Sezzle
|
Series Unknown | $5.66M | E-Commerce | — |
Investors
Number of Lead Investors
Number of Investors
4
7
OkCredit is funded by 7 investors.
Google for Startups
and Lightspeed India Partners
are the most recent investors.
| Investor Name | Lead Investor | Funding Round |
|---|---|---|
|
Google for Startups
|
Yes | Non-Equity Assistant |
|
|
Yes | Series B |
|
Tiger Global Management
|
Yes | Series B |
5Y Capital
|
— | Series A |
|
|
— | Series A |
Y Combinator
|
— | Series A |
Sinai Ventures
|
— | Seed |
Employee Profiles
Number of Employee Profiles
6
OkCredit has 6 current employee profiles, including
Executive Harsh Pokharna
Executive
Executive
Executive
Employee
Employee
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