AbleCredit is an AI credit underwriting company developing generative AI models with voice, vision, and language capabilities that function as an AI assistant for credit teams. Its system generates case-by-case credit reports while adhering to credit policy and leverages alternative data sources to produce comprehensive credit assessments. The startup targets the MSME credit gap in emerging economies by extending credit analysis into traditionally overlooked sectors. AbleCredit was founded in 2023 in Bengaluru by Utkarsh Apoorva, Harshad Saykhedkar, Ashwini Prabhu, and Anubhab Bandyopadhyay. The company plans to scale its AI operations and pursue business growth and expansion using the newly raised capital. Management says the technology enables analysis across a wide range of industries to improve credit access.

Total raised

$1M

Funding rounds

1

Latest round

Seed

Latest activity

May 2024