AI Financial Obligation Collection Platform Credgenics Clocks INR 220 Cr Profits, 3x Earnings Growth In FY25
Credgenics, the Noida-based SaaS platform focused on AI-powered debt collections and resolution, has reported a robust financial performance for the 2024–25 (FY25), clocking INR 220 crore in revenue– a 40% year-on-year growth from INR 155.6 crore in FY24. The company also posted a profit before tax (PBT) of INR 25 crore, marking a near threefold jump in earnings, enhancing its commitment to profitable growth and capital-efficient scaling.
Riding the AI Wave in Fintech
Founded in 2018, Credgenics has emerged as a leading full-stack collections and recovery technology platform serving over 160 financial institutions worldwide, including major banks like HDFC Bank and ICICI Bank, fintech lenders, NBFCs, and asset reconstruction companies. It has positioned itself at the intersection of fintech and artificial intelligence, providing an integrated suite of digital collections tools, AI-based strategy engines, litigation workflows, omnichannel communication solutions, and GenAI-powered bots and voice agents.
Its technology platform managed over 9.8 crore loan accounts with an outstanding loan value of more than USD 250 billion (~ INR 21.52 lakh crore) in FY24. To date, Credgenics has raised approximately USD 80 million (~ INR 688 crore), including a USD 50 million (~ INR 430 crore) Series B led by WestBridge Capital, with participation from Accel, Tanglin Venture Partners, Beams Fintech Fund, and Titan Capital. With adequate liquidity, the company is actively exploring acquisitions in adjacent fintech domains.
As the regulatory landscape tightens and digital transformation becomes a necessity rather than a luxury for financial institutions, Credgenics appears well-positioned to lead the next phase of innovation in debt recovery.
Key FY25 Metrics at a Glance
- Revenue: INR 220 crore (↑ 40% YoY)
- Profit Before Tax: INR 25 crore (≈ 3x YoY growth)
- Loan Accounts Managed: 98 million+
- Total Loan Value Managed: USD 250 billion+ (~ INR 21.52 lakh crore)
- Omnichannel Communications Facilitated: 1.7 billion
- Clients: 160+ financial institutions
- Revenue Composition: ~ 62% from software; ~ 38% from services
- Investor Backing: WestBridge Capital, Accel, Tanglin Venture Partners, Titan Capital, Beams Fintech Fund
As the fintech sector continues to evolve, Credgenics’ data-driven, AI-first approach offers a compelling blueprint for sustainable, scalable growth in credit collections.
