Tuesday, 25 Sep, 4.57 am Inc42

Fintech Startup Kredent Secures $1.1 Mn From Ramesh Damani, Others

Kolkata-based fintech company Kredent InfoEdge has secured $1.1 Mn (INR 8 Cr) in Pre-Series A funding from renowned stock market investor Ramesh Damani and Singapore-based hedge fund manager along with another undisclosed investor.

The startup has already received $688.8K (INR 5 Cr) in its kitty, while $413.3K (INR 3 Cr) is still under process.

Founded in 2008 by Bajaj, Kredent InfoEdge is into the business of Simplifying Finance for everyone. Simplifying finance includes- Training using e-learning on various aspects of financial management, access to right financial data in the most effective presentation, access to readymade analytics for efficient decision making and facilitating execution in both asset and liability products.