OkCredit is a mobile based solution for small business owners and their customers to enable recording of credit/payment transactions digitally all across the country.
OkCredit provides merchants with a simple and reliable means of keeping credit and payments records for their business carried out on credit basis. It digitizes their transactions and records payment reducing the burden of maintaining and accounting paper account books. The ability to provide an on-demand visibility of the merchant's record to the customers is possible for the first time.
We have raised $83 Mn in a Series B funding round led by New York-based investment fund Lightspeed ventures and Tiger Global, with participation from Morningside Venture Capital, Lightspeed India Partners, Venture Highway and Y Combinator.