Заявка OkCredit в YC

Summer 2018Active

OkCredit прошел Y Combinator в потоке Summer 2018 как компания из сферы Fintech. Ниже: чем занимается компания, кто ее основал, и ее заявка в YC, реконструированная вопрос за вопросом в реальной форме YC.

Поток YC: Summer 2018
Сфера: FintechPayments
Размер команды: 70
Статус: Active
Запущено: 2018

Фаундеры

Gaurav KumarFounder
Harsh PokharnaFounder
Aditya PrasadFounder

Чем занимается 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.

Заявка OkCredit в YC, реконструирована

Заявка Y Combinator

OkCredit, батч Summer 2018. Реальные вопросы из анкеты, ответы из публичных данных.

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 еще ответ в полной заявке

Founders, Progress, Idea, Equity, Curious, Batch Preference находятся в полной версии. Создайте бесплатную учетную запись, чтобы открыть ее в YC Insights, рядом с каждым другим потоком YC.

Смотреть полную заявку

Часто задаваемые вопросы

Это реальная заявка OkCredit в YC?

Нет. Y Combinator держит поданные заявки в приватности. Это реконструкция: реальные вопросы формы YC, ответы на которые основаны на публичных данных OkCredit (заметки о запуске, бэкграунд фаундеров, описание продукта). Это показывает, как компания вроде OkCredit представила бы себя YC, а не текст, который они подали.