Able Credit
The GenAI Workflow Factory for BFSI Enterprises
India · Founded 2023 · $1.3M raised
- Employees
- 11–50
- Founded
- 2023
- Business Model
- B2B
- Website
- ablecredit.com
- Total Funding
- $1.3M
- Last Round
- $1.3M SeedMay 2024
- Rounds
- 1
About
AbleCredit builds a mobile-first GenAI workflow platform that helps banking and financial-services enterprises in India automate credit evaluation, underwriting, and field assessments. Credit officers can run policy-guided evaluations on a smartphone, capture documents and conversations, and generate credit appraisal memos for MSME lending. The company says it is targeting India’s estimated USD 530 billion credit gap by taking AI tools into rural field deployment, and it is developing IP in AI-driven credit assessment and automated decision-making.
Summary
Able Credit is an Artificial Intelligence company based in India, founded in 2023. It has raised $1.3M in total across 1 round, most recently a $1.3M Seed round in May 2024. Investors include Merak Ventures, Venture Catalysts and Helios Capital.
Funding History
May 2024
Investors
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