CredAble

CredAble

CredAble was founded by Nirav Choksi and Ram Kewalramani to solve working capital financing challenges across enterprise ecosystems, financial institutions, and SMEs. The firm runs three verticals: Trade, Credit, and Payments. Its credit engine is housed inside its own NBFC, built for India's growing small and medium enterprises, while its technology arm provides a white-label, API-based platform used by external banks to embed credit solutions into their own customer workflows. The firm's deployment of $21 billion spans a full spectrum of working capital programs covering payables, receivables, and purchase-order cycles. Proprietary products include Sales Invoice Financing, Purchase Order Financing, Purchase Invoice Discounting, Startup Financing, and Working Capital Demand Loans. CredAble's model integrates automated transaction documentation, multi-funder structuring with off-balance-sheet capabilities, and connections to leading ERP systems. The firm operates with deep trade finance expertise to design built-to-suit programs for large corporates, while its NBFC arm serves SMEs directly. Geographic footprint details and named lending partners beyond what is stated on its website remain undisclosed. CredAble lists a nine-member senior team on its website, including Ashutosh Taparia as COO and Global MD for Enterprise Coverage & Trade and Satyam Agrawal as MD and Global Head of its Banking-as-a-Service, SME, and Analytics divisions. The firm has won external recognition as a supply-chain finance software provider, though the awarding body is not named in its materials. CredAble's technology stack includes an AI-powered loan origination system, and it maintains an in-house relationship team to drive recurring participation from enterprise supplier networks. Information on recent fundraises, specific deployment volumes by quarter, or the firm's own balance-sheet size remains thin. CredAble's structural differentiator is its hybrid architecture — it is simultaneously a technology vendor (selling PaaS and BaaS infrastructure to financial institutions), a direct lender through its own captive NBFC, and a program manager for large enterprise supply chains. This three-sided model means it competes with the very banks that are also its platform clients, a tension that demands strict operational separation between the lending and technology businesses. The firm's decision to stay private and keep precise AUM figures confidential reinforces a posture of building infrastructure rather than marking assets under management.