CheQ, founded by Aditya Soni in 2022 and based in Bengaluru, operates a platform to help consumers find and manage credit products and to pay credit card bills and EMIs in one place. The product centers on credit card bill payment management and consolidation features for users. The company says it will deploy new funds for general corporate purposes, marketing, growth and expansion. Financially, CheQ reported Rs 2 crore in revenue for the fiscal year ending March 2023 and a loss of Rs 19.4 crore during the same period. The startup is often compared to fintech competitor CRED, which the article notes reported much larger revenues and losses. CheQ is a pre-product B2C credit management platform founded by Aditya Soni in January 2022 and based in Bengaluru. The startup aims to simplify discovery and management of all credit products, giving customers a 360-degree view to track, manage and pay credit payments from one platform. CheQ says it is focused on improving customers' credit health by consolidating scattered credit information and making repayments more intuitive. The company currently operates with a team of about 30 people and plans to grow to roughly 100 employees by the end of the year. CheQ intends to use its newly raised capital to build the team, launch products over the next few months, and invest in technology. The product is still pre-launch and no revenue or user metrics were disclosed in the articles.

Total raised

$12M

Funding rounds

2

Latest round

Seed

Latest activity

Jun 2024