Krab

Krab was designed as a lending platform to provide trucking companies in India, often lacking formal credit scores, with access to crucial financing from banking institutions. The core innovation was the creation of comprehensive credit profiles for these companies. This was achieved by aggregating over 200 data points from diverse sources through consent-based APIs. This robust data analysis enabled the platform to instantly present loan offers from multiple banking partners, streamlining the loan acquisition process to under 60 seconds. Beyond lending, Krab aimed to offer additional functionalities, including order management, invoice generation, vendor payment processing, and collections management, seeking to become a comprehensive solution for trucking businesses.