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Credenc
  1. Credenc

Credenc-logoCredenc-logo
Credenc

Credenc - Financials, Revenue, P&L Statement, Balance Sheet, Cash Flow & More

Private
CREDENC WEB TECHNOLOGIES PRIVATE LIMITED
Private
CREDENC WEB TECHNOLOGIES PRIVATE LIMITED
2017
2017

Founded in 2017, Credenc operates in Fintech offering innovative solutions to enhance the education loans industry. The company focuses on reducing inefficiencies in the lending process and assists fi...

Funding stage:

Debt Financing

Last funding:

18/07/2021

Total funding:

$27.50 Mn+

Revenue:

₹4.1 Cr+ (FY25)
Prev. FY

Investors

Employee count:

61

Last 90d

61

Last 90d

Web traffic:

2.7K

2.7K

Last 30d

Last 30d

Glassdoor Rating:

Credenc: Financial Breakdown

Decoding financial health metrics of Credenc

  • total_revenue_logo
    Total Revenue
    ₹61.0 Lakh
    32%

    Prev. FY

  • total_expenses_logo
    Total Expenses
    ₹3.2 Cr
    14%

    Prev. FY

  • profit_after_tax_logo
    Profit After Tax
    ₹-2.5 Cr
    -12%

    Prev. FY

  • total_assets_logo
    Total Assets
    ₹9.1 Cr
    -22%

    Prev. FY

  • net_profit_margin_logo
    Net Profit Margin
    -4.1%
    16%

    Prev. FY

Note: Above mentioned stats are for FY20-21

FAQs on Financials of Credenc

No. In FY21, Credenc reported a net loss of ₹2.4 Cr, so it was not profitable.

Credenc's revenue grew 48.0% year-on-year, from ₹48.1 Lakh in FY20 to ₹71.2 Lakh in FY21.

In FY21, Credenc posted revenue of ₹71.2 Lakh (up 48.0% YoY) and a net loss of ₹2.4 Cr. Explore the full financials of Credenc here...

Disclaimer

Inc42 Datalabs consolidates intelligence from public records, statutory filings, proprietary research, and vetted third‑party datasets. All information is provided as is—please run your own checks before acting on it. Inc42 Datalabs bears no responsibility for decisions or outcomes based on this data.

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