Credright
CredRight is a Hyderabad-based Indian NBFC that provides collateral-free loans to nano and micro-enterprises in rural India and tier 2-4 towns, using an ML-based credit algorithm delivered through 60+ physical branches.
- Company typePrivate
- Founded2016
- HeadquartersHyderabad, India
- Headcount501–1,000
- GTM typeB2B
- OfferingServices
What Credright does
CredRight is a Hyderabad-based Indian fintech operating as a Non-Banking Financial Company (NBFC) that provides collateral-free loans to nano and micro-enterprises in rural India and tier 2-4 towns. The company addresses a documented credit gap for small businesses underserved by traditional banks, focusing on borrowers who lack formal collateral and conventional credit histories. Its customer base spans 1,000+ nano and micro-borrowers across India, with cumulative disbursements exceeding Rs 50 crore (approximately $7 million) per company disclosures.
The company's core product is a digital lending platform that combines a machine learning-based credit algorithm with a phygital distribution model. The ML system ingests structured financial and business data to underwrite thin-file borrowers without requiring collateral, and includes predictive analytics and anomaly detection capabilities for credit scoring and fraud risk identification. Distribution is delivered through more than 60 physical branches staffed by approximately 500 employees, enabling customer acquisition in geographies where digital-only channels are insufficient.
CredRight generates revenue primarily through interest income on its MSME/nano enterprise loan book, operating a transaction-fee model on each loan originated. The company has raised multiple funding rounds from impact-oriented and growth investors including Abler Nordic (Series B lead, 2025), Michael & Susan Dell Foundation (2023 round lead), UNLEASH Capital Partners (2024), YourNest, Spearhead Capital, 9Unicorns, Accion Venture Lab, and Venture Catalysts, alongside debt facilities from BlackSoil, Caspian Debt, RevX Capital, and Western Capital Advisors. The company is led by co-founders Neeraj Bansal (CEO) and Vineet Jawa (board member), with senior functional leadership across credit and operations and IT.
Credright firmographics
Firmographics- Name
- Credright
- Legal name
- CredRight
- Website
- https://credright.com
- Company type
- Private
- Founded year
- 2016
- Operating status
- Operating
- Headcount range
- 501–1,000 employees
- Short description
- CredRight is a Hyderabad-based Indian NBFC that provides collateral-free loans to nano and micro-enterprises in rural India and tier 2-4 towns, using an ML-based credit algorithm delivered through 60+ physical branches.
- Ownership category
- akta.pro rank
Where Credright is headquartered
LocationHeadquarters
- HQ city
- Hyderabad
- HQ country
- India
- HQ region
- Asia
Offices1 record
Markets served
Credright business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales
Revenue model
- MSME/Nano Enterprise Lending: CredRight operates as an NBFC providing credit to nano enterprises and micro-enterprises in India. Revenue is generated through interest income on loans disbursed to underserved small businesses in tier 2-4 towns and rural areas.
Go-to-market motion1 record
Distribution channels1 record
Credright product offering
Product offeringCore offering
CredRight is an Indian NBFC that provides collateral-free loans to nano enterprises and micro-enterprises in rural and semi-urban areas (tier 2-4 towns). The company operates a Phygital model with 60+ physical branches and a machine learning-based credit algorithm that enables underwriting of micro and small businesses without requiring traditional collateral. The platform processes structured financial and business data to assess creditworthiness and disburse working capital and growth loans to underserved MSMEs.
Product overview
CredRight is an NBFC (Non-Banking Financial Company) operating as a unified digital lending platform focused on serving nano enterprises and small businesses in India. The company offers a single core product—a digital lending platform that provides collateral-free loans powered by machine learning-based credit algorithms. The platform operates through a Phygital model combining physical branch networks (60+ branches with 500 employees) with digital infrastructure, targeting underserved micro-entrepreneurs in rural and semi-urban areas to bridge the credit gap for small businesses.
Differentiator
Problem solved
Functional benefit
Products and services
- CredRight Digital Lending Platform
Quantifiable outcome
- Disbursed over Rs 50 crore ($7 million) to more than 1,000 customers
Companies that use Credright
Customer profileSegments2 records
Ideal customer profiles2 records
Credright technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability3 records
Feature1 record
Credright partnerships and signals
Strategic signalScale indicators7 records
Recent moves6 records
Expansion highlights5 records
Credright competitors and assessment
Company assessmentDirect peers
- ZipLoan: Indian fintech offering fast, collateral-free digital loans to small businesses in semi-urban and rural India. Closely mirrors CredRight's target segment and loan-product structure.
- DMI Finance: India-based NBFC with a digital lending focus on consumer and MSME credit, including small-ticket unsecured business loans. Comparable NBFC business model and underwriting approach.
- FlexiLoans: India-based digital lending platform providing unsecured business loans to MSMEs and small merchants using proprietary underwriting. Competes directly for the same nano and micro enterprise borrower pool.
- Lendingkart: Indian NBFC providing collateral-free working capital loans to SMEs and MSMEs via a tech-driven underwriting platform. Direct competitor to CredRight in the unsecured small-business lending space.
- Kinara Capital: Indian NBFC extending collateral-free loans to small businesses and nano entrepreneurs in tier 2-4 towns. Highly comparable customer base, geography, and loan-product mix to CredRight.
- Indifi Technologies: India-based fintech NBFC offering digital, collateral-free loans to small businesses using alternative data and ML underwriting. Targets similar underserved SME borrower segments with comparable tech-led origination.
Broad incumbents
- BharatPe: Well-funded Indian fintech serving small merchants with payments, lending, and embedded credit products. Overlaps with CredRight on unsecured lending to small merchants but operates at much larger scale and scope.
- Udaan: Indian B2B commerce and fintech platform extending credit to kirana stores and small retailers. Comparable target customer (small merchants, rural/semi-urban) with embedded lending, though broader commerce offering.
Regional players
- Svatantra Microfin: Indian microfinance institution providing small-ticket credit to rural women entrepreneurs and micro-enterprises. Comparable rural customer base and unsecured lending approach, with a group-lending model.
- Fusion Microfinance: Indian NBFC-MFI lending to underserved rural households and micro-enterprises. Comparable underserved borrower focus and unsecured, small-ticket loan profile, though operating through joint liability group model.
Market position
Strengths2 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Credright social profiles
Digital presenceCredright financial estimates
Financial estimateRevenue estimate
Valuation estimate
Credright leadership team
Management profileNumber of profiles
Profiles4 records
Credright funding detail
Funding detailFunding overview
Funding rounds6 records
Investors12 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Credright M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Credright
What does Credright do?
CredRight is an Indian NBFC that provides collateral-free loans to nano enterprises and micro-enterprises in rural and semi-urban areas (tier 2-4 towns). The company operates a Phygital model with 60+ physical branches and a machine learning-based credit algorithm that enables underwriting of micro and small businesses without requiring traditional collateral. The platform processes structured financial and business data to assess creditworthiness and disburse working capital and growth loans to underserved MSMEs.
Is Credright a public or private company?
Credright is a private company. It is classified as venture growth investor backed and is currently operating.
When was Credright founded?
Credright was founded in 2016. It employs 501 to 1,000 people.
Where is Credright based?
Credright is headquartered in Hyderabad, India, in the Asia region.
How does Credright make money?
One revenue line is on record: MSME/Nano Enterprise Lending.
Who are Credright's main competitors?
Direct peers on record are ZipLoan, DMI Finance, FlexiLoans, Lendingkart, Kinara Capital and Indifi Technologies. Broad incumbents are BharatPe and Udaan. Regional players are Svatantra Microfin and Fusion Microfinance.
Does Credright have an API?
No public API is recorded for Credright.