Namaste Credit

Namaste Credit operates as a fintech company specializing in digital solutions for customer onboarding and credit processing, utilizing advanced technology to streamline financial services for small and medium enterprises. Founded in 2014, Namaste Credit is based in Bangalore, India, and offers a digital platform that enhances customer onboarding and credit processes. The company was co-founded by Gaurav Anand, Krishnan Parameswaran, and Lucas Bianchi. The latest funding round was a Series A in April 2018, where Namaste Credit raised INR 247 million from Nexus Venture Partners, bringing the total amount raised to INR 247 million.

Namaste Credit provides a full-stack SaaS platform named iCAM, designed to facilitate Digital Customer Onboarding and automate credit processes. This platform offers customization options for onboarding journeys, incorporating API connections for automated KYC verifications, document management, AI-driven image correction, and fraud checks. The primary target market includes SMEs in finance and lending sectors across India, Southeast Asia, and other emerging markets, serving financial institutions and lending agencies looking to enhance operational efficiency. In the most recent year of 2023, Namaste Credit reported revenue of INR 5,298,627.

20 with an EBITDA loss of INR 644,138. 50. The company's revenue model is based on subscriptions for its iCAM platform, accommodating various business sizes through scalable pricing, thus fostering long-term client relationships. Following the Series A funding in April 2018, Namaste Credit plans to launch new features and services on its iCAM platform, with a focus on enhancing its capabilities for client onboarding and credit assessment.

The company aims to expand its presence into additional markets, specifically targeting Southeast Asia and other emerging regions by 2025. The capital raised will be utilized to support product development and market expansion initiatives.