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CreditWise Capital

From EverybodyWiki Bios & Wiki


CreditWise Capital
Private Limited
ISIN🆔
IndustryFinance
Founded 📆2019
Founder 👔
Headquarters 🏙️, ,
Area served 🗺️
India
Key people
Aalesh Avlani (Executive Director & Co-founder) and Gurpreet Singh Sodhi (Chief Executive Officer)
ServicesFinancial services
Members
Number of employees
🌐 Websitecreditwisecapital.com
📇 Address
📞 telephone

CreditWise Capital is an Indian consumer finance registered NBFC which provides technology-driven loans to customers focusing to purchase two-wheelers.[1] It is headquartered in Mumbai, Maharashtra, India.[2][3]

History

Credit Wise Capital was established in 2019 by Aalesh Avlani and Gurpreet Singh Sodhi.[4]

In October 2020, Credit Wise Capital raised $6 million from family offices in seed funding round.[5] In December 2021, The company launched WhatsApp integrated bot 'Twin2', for Two-Wheeler Loans.[6][7]

In June 2022, Credit Wise Capital partnered with Suryoday Small Finance Bank for INR 100 CR.[8] In June 2023, Credit Wise Capital partnered with Muthoot Capital for INR 400 CR.[9]

In September 2023, HDFC Bank partnered with Credit Wise Capital for extending two-wheeler loans.[10]

References

  1. "HDFC Bank pact to triple disbursal run rate: Credit Wise Capital CEO". Financialexpress. 21 September 2023.
  2. White, Alexandria. "Monitor your Experian and TransUnion credit reports for free with CreditWise from Capital One". CNBC.
  3. "CreditWise Capital: Marrying Tech and Tradition in Indian Lending". Bru Times News.
  4. "RBI expected to retain benchmark rate: Experts". Deccan Herald.
  5. Mathur, Nandita (6 October 2020). "Credit Wise Capital raises $6 million from family offices, angels". mint.
  6. "Credit Wise Capital launches WhatsApp-integrated bot 'Twin2' for 2-wheeler loans". mint. 13 December 2021.
  7. Network, BFSI (13 December 2021). "Credit Wise Capital launches Twin2 to offer Two-Wheeler Loans in Two Minutes". Elets BFSI.
  8. "Credit Wise Capital partners with Suryoday Small Finance Bank for INR 100 CR to disrupt the Two Wheeler Finance Journey". APN News.
  9. Kochi, BL (21 June 2023). "Credit Wise Capital partners with Muthoot Capital for two-wheeler loans". BusinessLine.
  10. "Credit Wise Capital enters into co-lending tie up with HDFC Bank". The Hindu. 16 September 2023.


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