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 Latest From KredX
KredX Newsletter

Latest From KredX

by KredX Editorial Team July 1, 2020

At KredX, we believe that the key to success lies in fostering a holistic environment of growth and learning. Here’s a snapshot of our milestones, highlights, and accomplishments in the past quarter.

Our Growth Story

Launched the KredX Do More With Your Time Internship Program: When the pandemic outbreak and the ensuing lockdown compelled us to stay at home, for parents, it implied an additional task of balancing the demands of work and home. In a quest to help parents balance home and work, we launched the Do More With Your Time – A KredX Internship Initiative for children, which received an overwhelming response with 117+ interns coming onboard as virtual interns. Check out the amazing work done by our interns here and read insightful blogs they’ve worked on.

Conducted Insightful Webinars: In the wake of the coronavirus outbreak and the ensuing economic crisis, the KredX leadership team conducted several webinars with eminent guests and panellists, covering a wide range of topics from – Alternative Lending Options For Businesses, Unlocking The Potential Of Finance Through Fintechs & Banks Collaboration to the Impact Of COVID-19 On Businesses & Technology Adoption.

Preferred Transaction Account: We have now partnered with DBS Bank for ease of transactions and to provide patrons with a wider choice of banks to select from.

With the new update, patrons can now select the preferred transaction account they wish to set up from among ICICI Bank Ltd, YES Bank Ltd and DBS Bank.

Updated Our Existing Risk Framework: At KredX, customers are at the forefront of every decision we make. In the wake of the COVID-19 outbreak and the prevailing economic conditions, we have updated our existing risk framework for investors to be more cautious and vigilant as the situation demands through recalibration of existing deals, bifurcation of businesses and industries KredX caters to into Essential & Non-Essential categories. An additional layer of Invoice Level Underwriting for every deal, revision of the deal report, and fortification of the evaluation process for both vendors and investors are among other updates.

Launched Investor Financial Awareness Program: In the advent of COVID-19 outbreak and the ensuing market downturn, we launched an eight-chapter Investor Financial Awareness Program that delved deep into the prevalent economic condition to help investors navigate the choppy market. The same will be published as an ebook on our website and announced via our social media channels. Do follow our channels to not miss out on the latest updates.

Launched Business Financial Awareness Program: The pandemic outbreak and the consequent lockdown ushered in a new set of challenges for businesses. In a quest to help businesses steer through the changing market conditions we launched an eight-chapter Business Financial Awareness Program

Awards & Recognition: We’re happy to be among the top 8 finalists for the India finals of the Amazon Web Services (AWS) Startup Architecture Challenge 2020.

Employee Advocacy: The coronavirus crisis has brought in a new set of norms, compelling us to stay at home. With social distancing becoming the new normal and people confined at home, we launched the Employee Assistance Program to help employees in these testing times.

Stellar Performers Of KredX: Our employees are the force behind everything we do and believe in at KredX. Through the pandemic and the subsequent lockdown, the #KredXtribe has continued to keep its focus unwavered and work towards what matters. A shout out to our top performers who have gone the extra mile and done an exemplary job these past quarters:

Top Performers of Q4, FY 19-20

Individual Extra Miler

Achievers who have performed above and beyond their responsibilities:

Manjappa

Priya Koshta

Ranjith

Devansh S

Cut Above Award

Achievers who have taken up an initiative and implemented it successfully

Sadiq Ulla Khan

Ritesh Bhatt

Gunjali Kothari

KredX Champion Award

Achievers who have taken up an initiative and implemented it successfully

Ojaswita Kumari

Deepak Saini

Top Performers of Q1, FY 20-21

Individual Extra Miler 

Achievers who have performed above and beyond their responsibilities:

Vimal M

Anikesh Garg

Cut Above Award

Achievers who have taken up an initiative and implemented it successfully

Urmi Sengupta

Akash Bhagwat 

Shilpa K

Tanmaya Nanda

KredX Champion Award

An achiever who has brought a significant change in the organisation alongside taking up initiatives and fulfilling the roles and responsibilities

Amandeep Singh

As we move ahead in 2020, KredX is focussed on working towards solving customer challenges and strives to ensure the same with its innovative offerings. We want to extend our gratitude to every one of you who stood by us and contributed to our growth journey.

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