Aplicación YC de OkCredit

Summer 2018Active

OkCredit pasó por Y Combinator en el batch Summer 2018 como una empresa de Fintech. Abajo: qué hace la empresa, quién la fundó y su aplicación a YC, reconstruida pregunta por pregunta en el formulario real de YC.

Batch YC: Summer 2018
Industria: FintechPayments
Tamaño del equipo: 70
Estado: Active
Lanzado: 2018

Fundadores

Gaurav KumarFounder
Harsh PokharnaFounder
Aditya PrasadFounder

Lo que hace OkCredit

Today, over 50 million SMBs issue informal credit in India, This is a hugely manual process which they spend hours tracking, reconciling, and collecting! The 50M SMBs in India account for 40% of the nation’s GDP. As much as 60% of their sales happen on credit. That’s ~24% of the country’s GDP (500B$) lying on paper! OKCREDIT as a company came into existence to start solving the most important problem of credit recovery in MSMEs. We as first movers developed a bookkeeping app that would help any merchant sitting at the remotest corner of the country with internet connectivity to record his transactions digitally. We helped them track the credit given to their customers and suppliers. With our Okcredit app a merchant can track the amount of credit given, monitor credit limit, send reminders and eventually can collect faster from their customers. So as a company our vision was to bring the data dark merchants onto the digital platform. We have changed the way the MSMEs record the transactions and eased their life today.

Aplicación YC de OkCredit, reconstruida

Solicitud de Y Combinator

OkCredit, batch Summer 2018. Las preguntas reales del formulario, respondidas con datos públicos.

Founders2
Company7
Progress7
Idea4
Equity3
Curious2
Batch Preference1

Company

Company name

OkCredit

Describe what your company does in 50 characters or less.

Simple and secure bookkeeping for Indian businesses

What is your company going to make? Please describe your product and what it does or will do.

OkCredit is a bookkeeping app that helps Indian small and medium businesses track informal credit given to their customers and suppliers. It lets merchants record transactions digitally, monitor credit limits, send reminders, and helps them collect payments faster.

Where do you live now, and where would the company be based after YC?

We live in Bengaluru, Karnataka, India, and plan to keep the company based there after YC.

Explain your decision regarding location.

Bengaluru is where our team and the product development are currently based. It's the center of India's tech ecosystem, which is essential for building and scaling a fintech product like OkCredit.

21 respuestas más en la aplicación completa

están en la versión completa. Crea una cuenta gratuita para abrirla en YC Insights, junto a cada otro batch de YC.

Ver aplicación completa

Preguntas Frecuentes

¿Es esta la aplicación YC real de OkCredit?

No. Y Combinator mantiene privadas las aplicaciones enviadas. Esta es una reconstrucción: las preguntas reales del formulario de YC, respondidas a partir de los datos públicos de OkCredit (notas de lanzamiento, antecedentes de fundadores, descripción del producto). Muestra cómo una empresa como OkCredit se presentaría a YC, no el texto que enviaron.

¿En qué batch de YC estuvo OkCredit?

OkCredit formó parte del batch Summer 2018 de Y Combinator.

¿Quién fundó OkCredit?

OkCredit fue fundado por Gaurav Kumar, Harsh Pokharna, Aditya Prasad.

¿A qué se dedica OkCredit?

Simple and secure bookkeeping for Indian businesses.

¿Cómo leo la aplicación completa reconstruida?

Crea una cuenta gratuita de Round Funded. La versión completa de 26 respuestas de la aplicación de OkCredit, y de cada otro batch de YC, está en YC Insights.