credcore
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CredCore
CredCore is a New York-based vertical-AI company modernizing the roughly $5 trillion enterprise debt capital markets. Its platform turns unstructured credit-deal documents into structured, actionable intelligence across the full deal lifecycle - pre-deal evaluation, diligence, and post-deal portfolio monitoring - while pairing proprietary AI models with the oversight of senior credit and legal experts. Backed by $16M in Series A funding led by Avataar Ventures, CredCore supports asset managers overseeing hundreds of billions in assets and won the Banking category at the 2025 Money20/20 Awards.
Karthik Nandyal
Karthik Nandyal is the co-founder and co-CEO of CredCore, a New York vertical-AI company building an end-to-end platform for the roughly $5 trillion enterprise debt capital markets. A two-time founder and long-time capital markets technologist, he previously ran product and R&D for Reliance Jio's Financial Innovation Group and held roles at BNP Paribas, Instinet (Reuters), and IBM, and earlier co-founded the fashion visual-search startup Styloot. In February 2025 CredCore raised a $16M Series A led by Avataar Ventures, and its AI platform now supports oversight of more than $650B in assets under management.
Saumil Annegiri
Saumil Annegiri is Co-Founder and Co-CEO of CredCore, a New York-based vertical AI platform for institutional debt capital markets. He built the company with Karthik Nandyal in 2022 after a two-decade career in capital markets and digital infrastructure at Guggenheim Partners and Deutsche Bank. CredCore raised a $16M Series A in February 2025 led by Avataar Ventures.