SMEcorner

SMEcorner is a leading modern age lending company which offers quick access to business loans to micro, small & medium enterprises(MSME).

SMEcorner’s mission is to offer customized credit products using modern technology and deep analytics, that gives Micro, Small and Medium Enterprises faster and more efficient access to credit solution.

SMEcorner was founded in 2014 by Samir Bhatia. The company is headquartered in Mumbai, Maharashtra.

 

SMEcorner mainly provides small unsecured business loans to shopkeepers, which form nearly two-thirds of its customer base. So far, the company has served more than 8,500 customers, while disbursing loans in excess of ₹550 crore with assets under management (AUM) of ₹400 crore.

 

SMEcorner is backed by Quona Capital, Paragon Partners, Accion Venture Lab and others. The companny raised $30M in a debt and equity financing on Mar 02, 2020. This brings SMEcorner's total funding to $52.7M to date.

 

 

  • Year founded: 2014
  • Funding Info: $52.7M over 5 Rounds (Latest Funding Type: Series B)
  • Yearly Revenue: NA
  • Employee Size: 201-500
  • Business Valuation: NA
  • City/Town: Mumbai
  • State: Maharashtra
  • Country: India
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