Recordent
Recordent is a Hyderabad-based fintech SaaS company providing Indian SMEs with an integrated collections, credit risk, and B2B payment-registry platform, combining automated multi-channel reminders, credit reports, and a non-banking credit registry on a tiered subscription model.
- Company typePrivate
- Founded2019
- HeadquartersHyderabad, India
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What Recordent does
Recordent is a Hyderabad-based, private fintech SaaS company operating a unified Credit-to-Cash (C2C) management platform targeted at Indian small and medium enterprises. Its core offering combines collections automation (cRediDue), credit bureau and business information reports (cRediEye, powered by an Equifax India data partnership), and an India-first B2B Credit Registry that aggregates non-banking payment histories — positioning the company as a CIBIL-like data layer for B2B transactions. Supporting modules include digital legal and caution notice issuance across 22,000+ Indian pin codes, e-arbitration, MSME Samadhaan filing, trade credit insurance referrals, and human A/R Manager services.
The platform is delivered as a cloud-based, multi-channel system sending automated payment reminders via SMS, WhatsApp, email, and AI-powered IVR, with native integrations to Tally and Zoho Books accounting systems, role-based multi-GSTIN and multi-user support, and an in-house Advanced Cash Flow Analytics suite. Recordent monetizes through a tiered subscription (Gold free, Platinum ₹25,000/year, Diamond ₹75,000/year, Enterprise custom), usage-based fees for credit reports, legal notices, and MSME filings, and add-on professional services — distributed via a self-serve website and mobile apps, inside sales for mid-market accounts, and direct field engagement through SME networking meets and industry association partnerships (FSDA, Sa-Dhan, deAsra).
The company was founded in 2019 by Harish Mamtani (a 30-year banking veteran and ex-CEO of NBFC IFSC) and Winny Patro (IIM Calcutta MBA, ex-CEO at the Government of Andhra Pradesh), is headquartered in Banjara Hills, Hyderabad with a Mumbai office, operates with 11–50 employees, and has disclosed only a $400,000 angel funding round (November 2021) from IIM Calcutta Innovation Park and the Kantamaneni family office. Its claimed operating footprint is 133,836+ businesses and 11,900+ active SMEs across India.
Recordent firmographics
Firmographics- Name
- Recordent
- Legal name
- Recordent Private Limited
- Website
- https://recordent.com
- Company type
- Private
- Founded year
- 2019
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Recordent is a Hyderabad-based fintech SaaS company providing Indian SMEs with an integrated collections, credit risk, and B2B payment-registry platform, combining automated multi-channel reminders, credit reports, and a non-banking credit registry on a tiered subscription model.
- Ownership category
- akta.pro rank
Recordent industry classification
Industry- Product category
- Accounts Receivable & Credit Risk Management Software
- NAICS
- Credit Bureaus (561450), Collection Agencies (56144)
- SIC
- Services-Consumer Credit Reporting, Collection Agencies (7320)
- akta.pro primary industry
- Credit Bureaus & Consumer Credit Reporting Agencies (FSAKAKAA)
- akta.pro secondary industries
- Credit Bureau Reporting & Dispute Management Support (FCRA/CRA Ops) (BPAAAEAI), Invoicing, Billing & Accounts Receivable Automation (FSAGAJAC), Credit Education, Monitoring & Consumer Credit Management Tools (FSAKAKAJ), Early-Stage / Soft Collections (Pre-Delinquency, Reminders) (BPAAAEAC)
Keywords
Where Recordent is headquartered
LocationHeadquarters
- HQ city
- Hyderabad
- HQ country
- India
- HQ region
- Asia
Offices2 records
Markets served
Recordent business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Marketing or Sales, Operations, Infrastructure
Revenue model
- Subscription Plans: Three-tier SaaS subscription model: Gold (free with 300 credits), Platinum (₹25,000/year), and Diamond (₹75,000/year). Includes automated reminders, buyer dashboards, credit registry access, and varying levels of support and features.
- Credit Top-up Packs: Additional SMS, WhatsApp, Email, and IVR notification credits sold in packs of ₹100. Platinum: 800 credits per ₹100; Diamond: 1,200 credits per ₹100; Gold: 500 credits per ₹100.
- Credit Bureau Reports: Individual credit reports at ₹35-₹100 per report; Business credit reports at ₹600-₹1,000 per report depending on subscription tier.
- Business Information Reports: Comprehensive business financial health reports priced at ₹1,250-₹1,800 per report based on subscription level.
- Legal & Caution Notices: Caution notices at ₹250-₹1,000 per notice; Legal notices at ₹700-₹2,500 per notice depending on subscription tier. Covers delivery across 22,000+ pin codes.
- MSME Samadhaan Filing: Filing service for MSME Samadhaan portal at ₹2,000-₹8,000 per buyer depending on plan.
- A/R Manager Services: Dedicated accounts receivable management services with remote or onsite support. Included for 25 buyers for 3 months on Diamond plan; available as add-on service starting at ₹5,000/month.
- ERP Plugin Licenses: Tally plugin and Zoho Books connector at ₹2,500-₹5,500 per plugin depending on plan.
- Trade Credit Insurance: Referral/partner revenue from trade credit insurance offerings through trusted insurance partners, covering protracted defaults, insolvency, and political risks.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Freemium | Monthly | Free tier with basic features for trial and small businesses |
| Subscription | Annual | Self-service plan for growing SMEs |
| Subscription | Annual | Premium plan with dedicated support and maximum features |
| Subscription | Multi-year contract | Custom enterprise solution with white-labeling |
Go-to-market motion2 records
Distribution channels8 records
Marketing channels9 records
Recordent product offering
Product offeringCore offering
Recordent operates a cloud-based Credit-to-Cash (C2C) management platform that helps Indian SMEs automate accounts receivable collections and assess buyer creditworthiness. The platform combines collections automation (cRediDue) with Equifax-powered credit bureau reports (cRediEye) and India's first B2B Credit Registry, supported by legal notice delivery across 22,000+ pin codes, AI-driven cash flow analytics, and add-on services such as E-Arbitration and A/R Manager Services.
Product overview
Recordent is a unified cloud-based Credit-to-Cash (C2C) management platform offering four integrated modules: Collections Management (cRediDue), Credit Risk Management (cRediEye), Credit Registry, and Recovery Management. The platform serves SMEs across India with subscription plans (Gold, Platinum, Diamond, and Enterprise) providing access to automated payment reminders, credit bureau reports, business information reports, legal notices, cash flow analytics, trade credit insurance, E-arbitration, and A/R manager services. The ecosystem is supplemented by SME networking events and an MSME Knowledge Center for education and community building.
Differentiator
Problem solved
Functional benefit
Brands
- cRediDue: Collections management platform for automated payment reminders and receivables management.
- cRediEye
- Credit Registry
Products and services
- cRediDue - Collections Management Platform Collections management platform enabling Indian businesses to automate payment reminders via SMS, WhatsApp, Email, and IVR, manage unlimited buyer dashboards, track invoices, set credit limits, monitor promise-to-pay commitments, and reconcile statements. Targets manufacturers, traders, and service providers with overdue receivables.
- cRediEye - Credit Bureau & Business Information Reports Equifax-powered credit bureau reports providing credit scores, payment histories, financial health assessments, and trust scores for individuals and businesses to support informed credit decisions.
- Credit Registry India's first B2B payments reporting platform enabling businesses to submit and access payment data, building credit profiles and creating compulsion for timely payments across business transactions.
- Legal & Caution Notice Service Digital legal and caution notice issuance for payment recovery, delivered via post, SMS, email, and WhatsApp across 22,000+ pin codes in India, with online tracking and pricing starting at ₹250 per caution notice.
- Business Information Reports Detailed trust scores and business health reports including financial and non-financial information, GST and EPFO filing status, and legal status to evaluate risks with prospective buyers, suppliers, and vendors.
- Advanced Cash Flow Analytics AI-powered business analytics suite providing real-time insights into sales, collections, disputes, promise-to-pay, payment recovery, and credit risk management for Indian SMBs.
- Trade Credit Insurance Trade credit insurance offerings through trusted insurance partners to minimize non-payment risk and protect receivables from protracted defaults, insolvency, and political risks.
- E-Arbitration Service Digital payment dispute resolution service enabling businesses to initiate arbitration against defaulting customers through a paperless, online process that delivers enforceable awards.
- MSME Samadhaan Filing Service Filing service for the MSME Samadhaan portal enabling businesses to file complaints related to delayed payments from buyers, priced between ₹2,000 and ₹8,000 per buyer filing.
- A/R (Accounts Receivable) Manager Services
Quantifiable outcome
- 87% on-time payment rate after Credit Registry notifications (up from 21% baseline without platform)
- +6 more outcomes
Companies that use Recordent
Customer profileNamed customers15 records
Segments6 records
Ideal customer profiles4 records
Recordent technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration3 records
AI capability7 records
Feature7 records
Recordent partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered core and minor.
- Sa-DhancorePartnership with Sa-Dhan (RBI-appointed self-regulatory body for microfinance sector) to launch dedicated credit registry for Section 8 Microfinance Institutions. Enables participating MFIs to share and access borrower loan data, consolidating repayment histories.
- Equifax IndiacorePartnership with Equifax, one of the prominent credit bureaus globally, to provide banking credit history information on consent to businesses in Recordent's ecosystem. Powers cRediEye credit reports with Equifax data.
- Food Service Distributors Association (FSDA)coreStrategic partnership to create India's first credit bureau for the F&B (Food & Beverage) industry. Association members gain access to payment track records and creditworthiness data specific to the food service distribution sector.
- deAsraminorPartnership with deAsra, a platform that simplifies setting up, managing, and growing small businesses through various support services. Enables Recordent to reach MSMEs through deAsra's user base.
Scale indicators13 records
Recent moves6 records
Expansion highlights6 records
Recordent competitors and assessment
Company assessmentDirect peers
- HighRadius: Enterprise order-to-cash and accounts receivable automation platform. Directly comparable on collections automation, automated dunning, and AI-driven receivables analytics, though HighRadius targets the enterprise tier rather than SMBs.
- TransUnion CIBIL: India's dominant consumer credit bureau. Direct comparable on credit reporting, credit scores, and credit data aggregation; CIBIL is the incumbent Recordent's Credit Registry explicitly benchmarks itself against.
- Perfios: India-based fintech data and analytics platform providing financial data aggregation, credit decisioning, and underwriting tools. Comparable on data-driven credit risk assessment and SMB-focused fintech infrastructure.
- CRIF High Mark: Indian credit information bureau serving both consumer and commercial credit. Direct comparable in commercial credit reporting and credit information services to lenders and businesses.
- Experian India: Global credit bureau with India operations. Directly comparable on credit reports, business information reports, and credit risk analytics; one of the three major bureaus Recordent competes against for credit data distribution.
- CreditMantri: India-based credit management and improvement platform for consumers. Comparable on credit health monitoring, score tracking, and credit advisory, though primarily consumer rather than B2B focused.
Emerging players
- Karza Technologies: India-based data and analytics platform providing business due diligence, KYC, and credit-related data APIs. Comparable on aggregating business and financial data for credit and risk decisions in India.
- Setu: India-based fintech API platform enabling data sharing, account aggregation, and credit infrastructure. Comparable on building API-based credit and financial data infrastructure for the Indian ecosystem.
Broad incumbents
- Razorpay: Leading Indian payments and fintech platform serving SMBs. Comparable SMB fintech distribution and India-focused GTM motion; broader product portfolio but overlapping customer base of Indian SMEs needing digital financial tools.
- Zoho Books: Cloud accounting and invoicing platform widely used by Indian SMBs. Comparable as a business software backbone — Recordent integrates with Zoho Books to pull invoice data, while Zoho represents a broad incumbent that could expand into collections-adjacent features.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights6 records
Customer concentration
Recordent social profiles
Digital presenceRecordent compliance and trust
Trust signalCompliance3 records
Recordent financial estimates
Financial estimateRevenue estimate
Valuation estimate
Recordent leadership team
Management profileNumber of profiles
Profiles8 records
Recordent funding detail
Funding detailFunding overview
Funding rounds3 records
Investors3 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Recordent 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 Recordent
What does Recordent do?
Recordent operates a cloud-based Credit-to-Cash (C2C) management platform that helps Indian SMEs automate accounts receivable collections and assess buyer creditworthiness. The platform combines collections automation (cRediDue) with Equifax-powered credit bureau reports (cRediEye) and India's first B2B Credit Registry, supported by legal notice delivery across 22,000+ pin codes, AI-driven cash flow analytics, and add-on services such as E-Arbitration and A/R Manager Services.
Is Recordent a public or private company?
Recordent is a private company. It is classified as venture growth investor backed and is currently operating.
When was Recordent founded?
Recordent was founded in 2019. It employs 11 to 50 people.
Where is Recordent based?
Recordent is headquartered in Hyderabad, India, in the Asia region.
How does Recordent make money?
Nine revenue lines are on record. Subscription Plans are the primary driver. The others are credit Top-up Packs, credit Bureau Reports, business Information Reports, legal & Caution Notices, MSME Samadhaan Filing, A/R Manager Services, ERP Plugin Licenses and trade Credit Insurance.
Who are Recordent's main competitors?
Direct peers on record are HighRadius, TransUnion CIBIL, Perfios, CRIF High Mark, Experian India and CreditMantri. Emerging players are Karza Technologies and Setu. Broad incumbents are Razorpay and Zoho Books.
Does Recordent have an API?
No public API is recorded for Recordent.
What industry is Recordent in?
Recordent's product category is Accounts Receivable & Credit Risk Management Software. Its primary akta.pro industry code is FSAKAKAA, Credit Bureaus & Consumer Credit Reporting Agencies, with a secondary code of BPAAAEAI, Credit Bureau Reporting & Dispute Management Support (FCRA/CRA Ops). Its NAICS code is 561450 and its SIC code is 7320.