OkCredit

YC S18 · Active · Simple and secure bookkeeping for Indian businesses.

Competitors

Companies closest to OkCredit
Company	Category	Status	Program
RazorpayShared: payments, indian, importantActiveAI	AI	Active	YCW15
InfinityShared: payments, smbs, indiaActiveOther	Other	Active	YCW24

Adjacent

Companies next to OkCredit
Company	Category	Status	Program
FiboShared: smbInactiveOther	Other	Inactive	YCW17
AtratoShared: payments, creditActiveOther	Other	Active	YCW21
CarddaShared: payments, spendActiveOther	Other	Active	YCW22
Cashfree PaymentsShared: payments, indian, accountActiveOther	Other	Active	YCS17
PalommaShared: finance, payments, creditActiveAI	AI	Active	YCW23

Also from S18

All of S18

Company	Category	Status
InscribeAI Document Fraud Detection for Banks, Credit Unions & LendersActiveAI, Devtools	AI, Devtools	Active
Modern TreasuryPayment operations tools for money movement.ActiveDevtools	Devtools	Active
OWNYAI driven payment rails for emerging market banks.ActiveAI	AI	Active
ProdigalLending Intelligence SoftwareActiveAI	AI	Active
TitanTitan is an award-winning wealth manager with a mission to increase…ActiveAI	AI	Active
64x BioEnabling next generation medicines. A comprehensive platform and…ActiveAI	AI	Active

About OkCredit

Today, over 50 million SMBs issue informal credit in India, This is a hugely manual process which they spend hours tracking, reconciling, and collecting! The 50M SMBs in India account for 40% of the nation’s GDP. As much as 60% of their sales happen on credit. That’s ~24% of the country’s GDP (500B$) lying on paper! OKCREDIT as a company came into existence to start solving the most important problem of credit recovery in MSMEs. We as first movers developed a bookkeeping app that would help any merchant sitting at the remotest corner of the country with internet connectivity to record his transactions digitally. We helped them track the credit given to their customers and suppliers. With our Okcredit app a merchant can track the amount of credit given, monitor credit limit, send reminders and eventually can collect faster from their customers. So as a company our vision was to bring the data dark merchants onto the digital platform. We have changed the way the MSMEs record the transactions and eased their life today.

YC batch: S18 · Summer 2018
Status, per YC: Active
Category: Other
Team size: 70
Location: Bengaluru, KA, India
Checked: 34m ago

YC tags: FinOps, Fintech, Payments, Finance, India, SMB

OkCredit in S18: 131 companies, 29% AI

OkCredit: questions

Which YC batch was OkCredit in?

OkCredit was in Y Combinator's Summer 2018 batch (S18).

Is OkCredit still active?

Y Combinator lists OkCredit as active.

Where is OkCredit based?

OkCredit lists Bengaluru, KA, India as its location on YC's directory.

Sources: each program's public company list, read twice a week. Not affiliated with Y Combinator or any other program. Logos via logo.dev; trademarks belong to their owners.