Kreon Finnancial Services Ltd

History of Kreon Finnancial Services Ltd

Kreon Finnancial Services Limited, incorporated on November 23, 1994, was formerly known as Tatia Financial Services Limited. The Company name was changed to Kreon Finnancial Services Limited in January, 2009. Company has emerged into a state-of-the-art Fintech Company with the support of digital technology and years of experience in the financial market. It follows the dictum of extending credit where it is due. Being a company in the business of lending, it ensures that it manages risks effectively, rather than avoiding them. It maintains sufficient spreads, offers relatively short tenure loans and resets lending rates from time to time. The Company was incorporated with the primary goal of providing a range of financial services, including loans, asset financing, hire purchase, and leasing. Recognizing the transformative potential of digital technology, KFSL began the digital financial services. This strategic pivot was aimed at enhancing operational efficiency and customer service through the integration of advanced technology. The Company is engaged primarily into financing and securities trading activities along with investing in to long term and short term projects, securities and debts related instruments. The Company has diversified portfolio of borrowers within its segments of operation. During Financial year 2021-22, tie up with HDFC Credila, an HDFC Ltd Company, India's first dedicated education loan company who is pioneered in the concept of specialist ... education loan lender, is another significant addition to KREON's business. Both these companies working for empowering the Student Community have joined hands together to form an alliance/partnership to help and bring the best out of the students. Company reached a market cap of Rs 100 Crore in January 2023. The Company launched 'StuCred' mobile application, which provide instant short term loans for fast and easy credit access in FY 2025.