Function: Software Engineering → Backend Development Responsibilities
At KredX, we are trying to solve the problem of access to much-needed working capital finance for Small & Medium sized Enterprises (SME) in India. Our solution for this involves building a platform for supply-chain financing, where investors can interact directly with borrowers, powered by state-of-the-art technology at its core. We are very much at the cutting edge of financial technology here in India! These are very early days but we are already seeing phenomenal traction and have been able to help a large set of businesses.
Indian financial market has been chronically bugged by two problems. On one side, MSMEs are struggling to keep their cash flow intact & need working capital to continue production while, on the other side, investors are looking for opportunities to invest in instruments that can provide them better returns in short term with relatively lower risk.
Keeping the above problems in mind, KredX enables MSMEs to raise funds against their unpaid invoices or post-dated instruments from financiers. For SMEs, it's a platform where they can raise finance against their enormously valuable but ridiculously undervalued, unpaid invoices from their corporate customers and ride over the cash flow crisis created by dearth of working capital finance.
Who we are:
Collectively, we are a group of lifelong learners from IIT Kanpur and Stanford, having spent the last decade working at the cutting edge of Finance and Technology at Citi, HSBC, ICICI and Microsoft, Oracle. Founded by IIT Kanpur alums, Manish Kumar and Anurag Jain, who spent more than a decade in various roles in Financial Institutions, particularly in credit risk and modelling.
Why Explore a Career at KredX:
At KredX, we are a small, focused team going after an incredibly large problem and challenge. You'd have a ringside view into all the challenges around solving something meaningful for India and building a business around it, from scratch. Think of this as a crash course in entrepreneurship while pushing the boundaries of all the technology you love!
In case you don't find a suitable opening, fret not! We are always on the lookout for talented individuals. Mail us your resume and portfolio link to firstname.lastname@example.org