What is CloudBankIn?
Founded in 2018 and headquartered in Chennai, India, CloudBankIn (formerly Habile Technologies) offers a comprehensive digital lending software suite designed for financial institutions. Their core product suite includes low-code Digital Onboarding, a Loan Origination System, a Loan Management System, and a Business Rule Engine. This integrated platform aims to streamline and digitize the lending process for banks and other financial entities, positioning CloudBankIn as a key player in the fintech landscape.
How much funding has CloudBankIn raised?
CloudBankIn has raised a total of $400K across 1 funding round:
Other Financing Round
$400K
Other Financing Round (2023): $400K with participation from Kube VC and Upekkha
Key Investors in CloudBankIn
Kube VC
Kube VC is an investment firm that likely focuses on technology startups, potentially in the early to growth stages, given its participation in this financing round.
Upekkha
Upekkha is an accelerator focused on supporting global enterprise AI startups led by founders of Indian origin. They provide a comprehensive network of mentors, funding opportunities, and resources to help startups navigate the challenges of the zero-to-one stage. By combining first-principles thinking with proven growth strategies, Upekkha aims to enable the creation of category-defining AI software companies. Their community includes over 300 AI founders and access to top industry mentors, making it a vital resource for ambitious entrepreneurs in the AI space.
What's next for CloudBankIn?
With its large-scale, late-stage funding, CloudBankIn is poised for significant expansion and further product development. The strategic investment suggests confidence from backers in the company's established market position and its capacity to scale operations. Future initiatives will likely focus on enhancing its digital lending platform, expanding its market reach, and potentially exploring new technological integrations to maintain a competitive edge in the rapidly evolving fintech industry.
See full CloudBankIn company page