SMECorner Overview

  • Year Founded
  • 2013

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 300

Employees

  • Latest Deal Type
  • M&A

SMECorner General Information

Description

Developer of a digital lending software designed to provide services to small and medium enterprises. The company's platform uses a combination of machine learning, data science, and artificial intelligence to help to fund small businesses, with unsecured business loans, enabling small business owners to avail business loans, within a few clicks, in a completely secured digital environment with minimal paperwork involved.

Contact Information

Website
www.smecorner.com
Ownership Status
Acquired/Merged
Financing Status
Formerly VC-backed
Corporate Office
  • Unit Number 1B, 4th Floor, A-Wing, Times Square Building
  • Andheri Kurla Road, Andheri East
  • Mumbai, Maharastra 400059
  • India
Primary Industry
Financial Software
Other Industries
Other Financial Services
Consumer Finance
Acquirer
Ambit Finvest
Vertical(s)
Artificial Intelligence & Machine Learning, TMT, FinTech
Corporate Office
  • Unit Number 1B, 4th Floor, A-Wing, Times Square Building
  • Andheri Kurla Road, Andheri East
  • Mumbai, Maharastra 400059
  • India

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SMECorner Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
7. Merger/Acquisition 05-Jan-2023 Completed Generating Revenue
6. Later Stage VC (Series B) 02-Mar-2020 Completed Generating Revenue
5. Early Stage VC (Series A) 06-Mar-2019 Completed Generating Revenue
4. Early Stage VC 03-Jul-2018 Completed Generating Revenue
3. Early Stage VC 27-Dec-2017 Completed Startup
2. Early Stage VC 30-Jul-2016 $610K $954K Completed Startup
1. Early Stage VC 10-Sep-2015 $344K $344K Completed Startup
To view SMECorner’s complete valuation and funding history, request access »

SMECorner Cap Table

Stock # of Shares
Authorized		 Par Value Dividend Rate (%) Original
Issue Price		 Liquidation Liquidation
Pref. Multiple		 Conversion Price % Owned
Preference
Ordinary
Ordinary
Preference
Ordinary
Preference
Ordinary
CCPS 136,288 $0.139477 $2.25 $2.25 1x $2.25 2.55%
Preference 477,825 $0.139477 $2.25 $2.25 1x $2.25 8.95%
To view SMECorner’s complete cap table history, request access »

SMECorner Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of a digital lending software designed to provide services to small and medium enterprises. The company's plat
Financial Software
Mumbai, India
300 As of 2023

Mumbai, India
 

Mumbai, India
 
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SMECorner Competitors (42)

One of SMECorner’s 42 competitors is Kissht, a Venture Capital-Backed company based in Mumbai, India.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Kissht Venture Capital-Backed Mumbai, India
ePayLater Venture Capital-Backed Mumbai, India
Axio (Financial Services) Venture Capital-Backed Bengaluru, India
infund Venture Capital-Backed Singapore, Singapore
Indifi Venture Capital-Backed Gurugram, India
You’re viewing 5 of 42 competitors. Get the full list »

SMECorner Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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SMECorner Former Investors (7)

Investor Name Investor Type Holding Investor Since Participating Rounds
Accion Venture Capital Minority
Angel (individual) Minority
Capital First Asset Manager Minority
Government of the Netherlands Government Minority
Paragon Partners PE/Buyout Minority
You’re viewing 5 of 7 investors. Get the full list »

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SMECorner FAQs

  • When was SMECorner founded?

    SMECorner was founded in 2013.

  • Where is SMECorner headquartered?

    SMECorner is headquartered in Mumbai, India.

  • What is the size of SMECorner?

    SMECorner has 300 total employees.

  • What industry is SMECorner in?

    SMECorner’s primary industry is Financial Software.

  • Is SMECorner a private or public company?

    SMECorner is a Private company.

  • What is SMECorner’s current revenue?

    The current revenue for SMECorner is .

  • How much funding has SMECorner raised over time?

    SMECorner has raised $49.6M.

  • Who are SMECorner’s investors?

    Accion, , Capital First, Government of the Netherlands, and Paragon Partners are 5 of 7 investors who have invested in SMECorner.

  • Who are SMECorner’s competitors?

    Kissht, ePayLater, Axio (Financial Services), infund, and Indifi are some of the 42 competitors of SMECorner.

  • When was SMECorner acquired?

    SMECorner was acquired on 05-Jan-2023.

  • Who acquired SMECorner?

    SMECorner was acquired by Ambit Finvest.

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