OkCredit laid off 35-40 employees as it realigned its focus toward fintech offerings.
SourceSimple and secure bookkeeping for Indian businesses.
Public company, workplace, funding, and market signals
OkCredit is an India-based MSME bookkeeping and credit-recovery platform that digitizes Bahi Khata/ledger management, payment reminders, and adjacent lending workflows for small merchants and shop owners.
Primary product
Digital Bahi Khata / ledger app for MSMEs
Founded
2017
Headquarters
Bengaluru, Karnataka, India
Team size
30-40
Industry
Technology, Information and Internet
Sub-industry
SMB fintech / digital bookkeeping software
Offices
0 jobs at OkCredit
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Business model
Stage
Series B
Total raised
$84.3M
Latest round
Series B · Sep 2019
Latest amount
$67M
Leadership
Co-Founder & CEO
Co-founder & CPO
Co-Founder & CTO
Director - Product & Business
Director of Engineering
Investors
Public evidence points to an open, participative, customer-first culture focused on MSME users, with leadership publicly emphasizing empathy and support during reorganizations and layoffs.
Compensation
Public compensation data is limited. A historical Android Developer posting showed ₹12L-₹25L/year, and employee-review sites rate compensation and benefits positively.
Benefits
Pricing
Freemium: free Basic Plan plus paid Premium plans and subscription-based add-ons.
Differentiators
Technology
Customers
Competitors
Estimated revenue
₹20-30 crore
Estimated monthly visits
408.5K
Traffic estimate as of Jun 2026
OkCredit laid off 35-40 employees as it realigned its focus toward fintech offerings.
SourceTracxn reported the shutdown of OkShop, an OkCredit experiment, in April 2022.
SourceOkCredit explored merger-and-acquisition opportunities and held preliminary talks with rivals including Khatabook, BharatPe, and Udaan.
SourceOkCredit shut down its P2P lending platform OkNivesh after RBI action and refocused on OkLoan.
SourceOkCredit CEO Harsh Pokharna said the company laid off 70 employees, helping 67 of them find new jobs.
SourceYourStory · Oct 2025
Reported FY25 operating revenue of Rs 23.33 crore, total income of Rs 25.29 crore, and a net loss of Rs 23.24 crore; also noted the shutdown of OkNivesh.
Times Now · Apr 2025
Said OkCredit laid off 70 employees and helped most of them transition to new jobs, framing it as a humane layoff process.
The Economic Times · Jan 2025
Reported that OkCredit shut down OkNivesh and refocused on OkLoan; cited 65,000 loans, Rs 400 crore disbursed, and a 2.5% NPA base.
YourStory · Oct 2024
Reported FY24 operating revenue of Rs 14.3 crore, up 72% YoY, with net loss narrowing to Rs 35.2 crore.