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We helped shrink the working capital cycle: CredAble's Nirav Choksi

The fintech company is currently disbursing close to Rs 1,500 crore a month

. Nirav choksi, co-founder and chief executive officer of Credable
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Nirav choksi, co-founder and chief executive officer of CredAble

Raghu Mohan
CredAble is into supply-chain finance by providing liquidity programmes. It seeks to exponentially increase working capital flows by intermediating between corporates, vendors and banks. The fintech company is currently disbursing close to Rs 1,500 crore a month. It hopes to top Rs 18,000 crore this calendar year, and hit Rs 20,000-25,000 crore in FY22. NIRAV CHOKSI, co-founder and chief executive officer, spoke to Raghu Mohan. Edited excerpts:
 
How has the working capital world been during the pandemic?
 
It was easily available to large corporates, the mid-market segment, and to non-banking financial companies (NBFCs) and fintechs. A certain section

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First Published: Jul 19 2021 | 6:10 AM IST

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