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Krab
AddedMar 22, 2024
UpdatedJul 3, 2026
Krab

Krab

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Krab: Instant loans & business tools for India's truckers, no formal credit needed.

HQ
Hyderabad, Andhra Pradesh, IN
Founded
2020
Accelerator
Y Combinator logoY CombinatorW21
Overview
Compare
Fundraising
Employees

Krab is a lending platform focused on providing instant loans and business tools for trucking companies in India. The company enables truckers and trucking companies without formal credit scores to access loans from banks by creating comprehensive credit profiles using over 200 data points from various sources via consent APIs. In addition to facilitating quick loans, Krab offers features for order management, invoice generation, vendor payments, and collections, making it a one-stop solution for working capital needs.

Krab has achieved significant impact by streamlining the loan approval process, allowing trucking companies to secure collateral-free loans in less than 60 seconds. This innovation has helped numerous businesses scale efficiently by providing easy access to stress-free capital. The platform's integration of multiple banking partners ensures competitive loan offers, enhancing financial inclusion for the trucking sector in India.

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Krab - Quick Facts

Who are Krab's competitors?

Companies similar to Krab include PayCrunch, BharatX, Cradle and OneFin.

When was Krab founded?

Krab was founded in 2020.

Where is Krab's headquarters located?

Krab's headquarters is located in Hyderabad, Andhra Pradesh, IN.

How much has Krab raised to-date?

As of Apr 27, 2021, Krab has raised a total of $125k (USD).

Krab - Classification

Ownership
  • Venture Capital
Technology
  • FinTech
Geographic Exposure
  • India
Model
  • Platform
Revenue
  • Recurring
  • Transactional
Customer
  • Small Business
Main Product
  • Business Tools
  • Loans
Tags
  • API
  • Financial
  • SaaS
NAICS
  • 520000Finance and Insurance
  • 522000Credit Intermediation and Related Activities
  • 522300Activities Related to Credit Intermediation
  • 522320Financial Transactions Processing, Reserve, and Clearinghouse Activities
SIC
  • 8700Engineering, Accounting, Research, Management, And Related Services
  • 8740Management And Public Relations Services
  • 8742Management Consulting Services
Show 4 more industry codes
SIC
  • 6000Depository Institutions
  • 6200Security And Commodity Brokers, Dealers, Exchanges, And Services
  • 6280Services Allied With The Exchange Of Securities Or Commodities
  • 6282Investment Advice