Offers instant cash to employees to meet their short-term needs, with flexible repayment terms. Through easy application and approval processes, with minimal documentation, employees can avail cash advances against their salaries.
Ever-increasing expenses compel employees to withdraw on their credit cards at exorbitant rates
Delays in credit card payments further add to employee interest expenses
Absence of dynamic payroll management results in lower employee morale and productivity
CredAble’s platform can be integrated with the corporate’s Payroll system to get required information or can be exchanged via SFTP server
Upon completion of a basic digital KYC, employees request for early payments on
CredAble’s platform
CredAble and the Corporate payroll team approve the request
CredAble or its financing partner disburses the advance amount to the employee
Financier recovers its dues from the employee
Employees can avail cash advances of up to 3 times the monthly salary
Cash transfer into your salary account in less than 4 hours
Flexible repayment options as per employee requirements
Seamless digital onboarding process with no paper work
Helping employees to
meet their financial need or cater to any unforeseen financial or medical emergency
Improves employee retention and better workforce experience
Your Supply Chain Investment Bank
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Co-founder and CEO
Equentia SCF Technologies Private Limited
Nirav is the Co-founder and CEO of CredAble, a FinTech company that is transforming supply chain finance with its proprietary Working Capital Optimization platform and ‘Just-In-Time’ working capital financing solutions with a mission to triple the available working capital in India over the next 5 years. Nirav has been an entrepreneur for over 18 years and has incubated and scaled businesses, raised debt and equity financing and built multi-disciplinary global teams in the areas of technology, private equity and international commodities.
Prior to CredAble, Nirav co-founded and led Equentia Natural Resources Pte Ltd., a multi-commodity trading and structured finance company with offices in Singapore, Jakarta, Dubai and Mumbai. ENR is amongst the top 5 importers of Indonesian Thermal Coal for the private sector in India with revenues in excess of $500 Million a year and trading volumes of over 10 Million MT. ENR also has a significant structured trade finance and debt arbitrage operation.
Prior to that Nirav has founded several companies in the internet and technology space and has had 3 successful exits.
He is an active early stage investor in tech-enabled consumer-led ventures and has invested in over 25 opportunities. Nirav studied computer science and economics at the University of Michigan.
Co-founder and Managing Director
Equentia SCF Technologies Private Limited
In a career spanning 15 years working in leadership positions, Ram has gained invaluable insight and expertise in the domains of Investment Banking, Marketing, Finance and Operations. As an acknowledged veteran of the Employee Transportation industry he brings valuable industry insights, experience and connections to further the establishment of the vision behind CredAble.
Prior to founding CredAble, Ram spent 15 years in investment banking and P&L leadership capacities. Previously, he was a shareholder and CEO of People Premier Logistics, a successful employee transportation business. Prior to becoming an entrepreneur, Ram was an investment banker with Centrum Capital and Grant Thornton.
Chief Business Officer
Prior to joining CredAble, Rohit was a member of the founding team at Antfarm, a technology business incubator where he successfully launched and operated tech ventures in the ad-tech, intra-city logistics, fashion and healthcare sectors. Previously, Rohit was an investment banker at Centrum Capital.
Chief Product Officer
Nitin is a seasoned product management professional with 10 years of experience in product strategy, product marketing and technology. He has a diverse experience of working in large financial institutions (Sun Life Financial) across geographies as well as contributing to key Indian e-commerce startups (Snapdeal) in their early stages. Prior to joining CredAble, Nitin founded a social events discovery e-commerce platform.
Chief Financial Product Strategy and Risk Officer
Prior to joining CredAble, Sudeep spent 9 years in corporate, investment banking and financial structuring roles with leading institutions including HDFC, ICICI and Deutsche Bank. In his previous start-up role, he was instrumental in structuring alternative investments and debt raising for Rentomojo, a furniture and fixtures leasing venture backed by Accel Partners and Bain Capital. Sudeep is a Chartered Accountant by qualification and an alumni of the Indian School of Business.
Managing Director | Platform Business
Kapil drives value creation efforts for CredAble’s supply chain financing platform business anchored around leading enterprise clients. Prior to joining CredAble, he spent 20 years in financial services, investment banking, principal investments (PE and corporate) and P&L operations across the U.S, Middle East and S.E Asia. He has worked with global organizations including Brown Brothers Harriman, Citigroup, Bank of America, IW Capital ($10b global sovereign fund) and GEMS Education ($1b revenue PE-backed international education group). Kapil holds an MBA from Kellogg School of Management, a B.A from Clark University and completed the yearlong General Course program at LSE.
Head | Risk Operations Lending Business
Hetal comes with over 30 years of work experience across industries as diverse as commodity trading, internet technology, land development and equity investments. He specializes in business operations, legal and governmental compliance and has previously gained experience as an independent entrepreneur.
Head | Human Capital
Debashree is an experienced Human Resource and Organization Development professional with over 13 years of experience in the field of Human Resource. She has been associated with organizations like Nomura, where she has managed the entire gamut of HR functions and has also provided a range of consultation services to senior stakeholders and executive management on the implementation of key change initiatives and cultural development process. She brings expertise in driving HR related change management projects across industries including education institutes like Tata Institute of Social Sciences.
Vice-President | Finance and Control
Prior to joining CredAble, Ketan spent over 13 years with Deloitte Haskins and Sells in the statutory audit function serving clients in industries like Financial Services (Housing Finance and NBFC), Real Estate and Pharmaceuticals. He specializes in risk assessment and performing critical analysis of the control activities of a business.
Vice-President | Operations
Ajit is mandated to design and implement the client on-boarding journey, compliance strategy, internal risk audit process, automation, and augment the voice process operations for the Vendor Engagement teams. He carries over 18 years of cross industry experience, has led an eclectic mix of people & businesses in his career. Most recently Ajit was with Standard chartered Bank (GIC) where he oversaw operational risk management for over 31 consumer banking markets across 28 countries through a center of excellence team he built in Chennai. Ajit also advises start ups on P&L management, operations, cost efficiencies, financial leverage, seed funding & attracting venture capital.
Ajit holds a MBA from Institute for Technology & Management, specializing in Marketing Management, & Certifications in Pricing & Revenue Management from IIM- Ahmedabad.
Independent Director
Equentia SCF Technologies Private Limited
Equentia Financial Service Private Limited
Anil’s 30 year prolific banking career needs little introduction. Anil spent over 17 years with Citibank and AIG and more recently as the Managing Director of Royal Bank of Scotland, before moving on to be the co-founder 1Crowd, India’s leading Angel Network. At 1Crowd, his investee companies benefit from his mentorship and immense experience and corporate network to accelerate their growth. As an Independent Board Member of CredAble, Anil helps define our business strategy and selflessly guides our growth in the financial services domain.
Independent Director
Equentia SCF Technologies Private Limited
Equentia Financial Service Private Limited
Rajiv has a over a decade of experience conceptualizing and operating International businesses in South East Asia, India and China. Rajiv has a deep understanding of all facets of an International business encompassing trade finance, technology, business development, contract management, competitive sourcing and customer acquisition. Rajiv’s experience and knowledge of building businesses from scratch is of particular importance in his role as a Board Member of Credable.
Investor Director
Equentia SCF Technologies Private Limited
Sandeep has over 15 years of experience in the BFSI domain specialising in Capital Markets, Wealth Management and Offshore Fund Management, both as a market player and regulator. As a regulator, he worked with the start-up management team of National Securities Depository Ltd (NSDL) and was part of their operations team for five years.Sandeep was Executive Vice President at Bay Capital Investment Managers Pvt. Ltd. and was responsible for the overall Operations, Finance and Compliance functions. Prior to Bay Capital, he was designated as Vice President at ENAM AMC and was also part of the core team that conceptualized and commenced Reliance Portfolio Management Services.Sandeep holds a Bachelors Degree in Commerce from Hansraj College, Delhi University and is a member of the Institute of Chartered Accountants of India (ICAI) and the Institute of Company Secretaries of India (ICSI).
Over his eventful career that spans over 30 years, Rakesh has held key roles such as CEO, HSBC Indonesia, Global Head, Trade & Receivable Finance at HSBC and MD & CEO of Catholic Syrian Bank. An alumnus of IIM – Ahmedabad, Rakesh has also founded a coworking incubator and a FinTech product designed to empower millennials with the financial liberty to achieve all they aspire. He has lived and worked in India, Hong Kong, Indonesia, London, Bahrain & Singapore. As an Advisor, he brings to bear his considerable knowledge to guide the establishment of the CredAble Business model.
Anita is a seasoned professional with 30 years of rich post MBA experience as a senior business and human capital leader. Over her successful career that spans nearly 30 years, Anita has helped organizations solve their business issues through human capital solutions in change management, organizational development, leadership development, talent management etc. As a board Advisor she coaches the leadership team and helps shape CredAble’s Human Capital Strategy.
Over his eventful career that spans nearly 20 years, Kabir has had the benefit of exposure, expertise and experience in various sectors in key leadership roles. He combines deep financial insights into markets, investments across sectors and exposure to business domains as varied as Private Equity & Investment Banking, Construction supplies (Ready Mix Concrete), Hospitality and Hotels, Education, real estate and Employee Transportation. As a minority investor and Advisor he brings to bear his considerable knowledge to guide the establishment of the CredAble Business model.
Suresh brings over 30 years of experience in Wholesale Banking, Corporate banking, stressed assets and SME Lending. Suresh served as the Executive VP and head of Wholesale Banking at Dhanlaxmi Bank where he disbursed over INR 42000 MN maintaining a NIM in excess of 5%. Prior to that he held several senior management roles with Kotak Bank, Edelweiss and L&T Finance.