What is Recordent?
Recordent, headquartered in Hyderabad, India, operates as a technology-driven platform focused on credit and payment reporting. The company aims to streamline financial data management for its clients, providing essential insights into creditworthiness and payment behaviors. Its position in the market is bolstered by its focus on leveraging technology to enhance traditional financial reporting services.
How much funding has Recordent raised?
Recordent has raised a total of $400K across 1 funding round:
Angel/Seed
$400K
Angel/Seed (2021): $400K with participation from IIM Calcutta Innovation Park and Family Office of Kantamaneni
Key Investors in Recordent
IIM Calcutta Innovation Park
IIM Calcutta Innovation Park is an innovation and incubation hub that supports startups and entrepreneurs through various programs and initiatives, offering services like acceleration and incubation. It aims to foster entrepreneurship, particularly in the North East region of India.
What's next for Recordent?
The substantial capital infusion, indicated by the $400K in total funding and the recent strategic investment, positions Recordent for significant scaling and market expansion. As a company in a large-scale late-stage funding phase, Recordent is likely to focus on enhancing its platform capabilities, expanding its user base, and potentially exploring new service verticals within the fintech landscape. This strategic backing suggests a clear path towards solidifying its market leadership and driving further innovation in credit and payment reporting solutions.
See full Recordent company page
