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OptaCredit
  1. OptaCredit

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OptaCredit

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

Private
OPTACREDIT FINTECH PRIVATE LIMITED
Private
OPTACREDIT FINTECH PRIVATE LIMITED
2016
2016

OptaCredit is a company based in Chennai, Tamil Nadu, India, operating in the fintech sector. Founded in 2016 and the company was established by Kumar Srivatsan, Sriram Chandramouli.

Funding stage:

Debt Financing

Last funding:

21/01/2018

Total funding:

$4.00 Mn+

Revenue:

₹62.5 Lakh+ (FY20)

Investors

OptaCredit: Financial Breakdown

Decoding financial health metrics of OptaCredit

  • total_revenue_logo
    Total Revenue
    ₹62.5 Lakh
    -84%

    Prev. FY

  • total_expenses_logo
    Total Expenses
    ₹4.2 Cr
    -12%

    Prev. FY

  • profit_after_tax_logo
    Profit After Tax
    ₹-3.6 Cr
    -350%

    Prev. FY

  • total_assets_logo
    Total Assets
    ₹1.6 Cr
    -83%

    Prev. FY

  • net_profit_margin_logo
    Net Profit Margin
    -570.4%
    -2703%

    Prev. FY

Note: Above mentioned stats are for FY19-20

FAQs on Financials of OptaCredit

No. In FY20, OptaCredit reported a net loss of ₹3.6 Cr, so it was not profitable.

OptaCredit's revenue declined 84.0% year-on-year, from ₹3.9 Cr in FY19 to ₹62.5 Lakh in FY20.

OptaCredit's estimated EBITDA for FY20 was ₹-3.1 Cr, derived from its profit before tax, finance costs, and depreciation & amortisation.

In FY20, OptaCredit posted revenue of ₹62.5 Lakh (down 84.0% YoY) and a net loss of ₹3.6 Cr. Explore the full financials of OptaCredit 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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