OkCredit

About

OkCredit simplifies credit account management for shop owners and their customers.

Kormangala,Karnataka,India
101 - 250
https://www.okcredit.in/

Highlights

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	Lightspeed India Partners 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
Lightspeed India Partners	Yes	Series B
Tiger Global Management	Yes	Series B
5Y Capital	—	Series A
Venture Highway	—	Series A
Y Combinator	—	Series A
Sinai Ventures	—	Seed