Layoff
Feb 2022OkCredit laid off 35-40 employees as it realigned its focus toward fintech offerings.
SourceSimple and secure bookkeeping for Indian businesses.
Company research
Public company, workplace, funding, and market signals
Overview
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
5th Floor, Incubex HQ, 339, 14th B Cross Rd, Sector 6, HSR Layout, Bengaluru, Karnataka 560102, India
315 Work Avenue, Bengaluru, Karnataka, India
Koramangala, Bengaluru, Karnataka, India
Faridabad, Haryana, India
United States (presence reported; public office address not specified)
Business model
freemium mobile app
subscription SaaS
advertising
fintech lending partnerships
Funding
Stage
Series B
Total raised
$84.3M
Latest round
Series B · Sep 2019
Latest amount
$67M
People & investors
Leadership
Co-Founder & CEO
Co-founder & CPO
Co-Founder & CTO
Director - Product & Business
Director of Engineering
Work & culture
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
free meal
health insurance
job/skill training
no strict entry/exit attendance policy
no-questions-asked leaves (historical covid policy)
salary / ESOP policy improvements (historical)
Product & market
Pricing
Freemium: free Basic Plan plus paid Premium plans and subscription-based add-ons.
Differentiators
- —multi-language support (11 languages)
- —WhatsApp/SMS payment reminders
- —digital Bahi Khata / ledger workflow for MSMEs
- —offline / low-connectivity use
- —premium multi-device access and GST billing
- —lending and OkLoan integrations via partner banks and NBFCs
Technology
Kubernetes
Python
Node.js
React
Laravel
Docker
Redis
Prometheus
Mixpanel
Retool
Google Cloud
AWS
FreshDesk
Netcore
WhatsApp Cloud
Google Sheets
RDS
GitHub
Android
Golang
Customers
small business owners
shop owners
MSMEs
kirana stores
pharmacies
repair services
retail merchants
distributors
Competitors
Khatabook
FreshBooks
LummoSHOP
BharatPe
Udaan
Scale & contact
Estimated revenue
₹20-30 crore
Estimated monthly visits
408.5K
Traffic estimate as of Jun 2026
Signals & risks
Other
Apr 2022Tracxn reported the shutdown of OkShop, an OkCredit experiment, in April 2022.
SourceOther
Oct 2020OkCredit explored merger-and-acquisition opportunities and held preliminary talks with rivals including Khatabook, BharatPe, and Udaan.
SourceShutdown
Jan 2025OkCredit shut down its P2P lending platform OkNivesh after RBI action and refocused on OkLoan.
SourceLayoff
Apr 2025OkCredit CEO Harsh Pokharna said the company laid off 70 employees, helping 67 of them find new jobs.
SourceLatest news
YourStory · 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.
Jobs and careers at OkCredit
0 jobs at OkCredit
No open positions
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