World’s first SME Rating Agency

We empower the SME ecosystem by promoting transparency, building trust and facilitating lending decisions.

World’s first SME Rating Agency

We empower the SME ecosystem by promoting transparency, building trust and facilitating lending decisions.


We help Bankers

Get an Unbiased Opinion

Evaluate & Assess Risks

Identify Opportunities

Reduce Information Asymmetry

Expedite Decision Making wrt Financing

We help Enterprises

Get Easy Access to Finance

Secure Low-Interest Loans

Enhance Credibility & Reliability

Evaluate Business Operations & Processes

Build  Confidence with Partners

The SMERA Impact

The SME ecosystem has expanded tenfold over the last few decades across geographies, product types, and people. Through sufficient technological progress, SMEs grew to contribute nearly 10% of the nation’s GDP. However, one key reason still leaves them fettered: lack of funding. Recognizing this core issue, SMERA came into being as the world’s first SME-focused rating agency.

Intending to facilitate easy access to finance for SMEs, SMERA focuses on promoting transparency and reducing information asymmetry. Our portfolio of services caters to a wide range of SMEs across various sizes and industries. Our team of experienced professionals, including researchers, analysts, and MBAs, has established robust statistical models focused on rating and grading SMEs. We provide an unbiased opinion of an enterprise’s creditworthiness, giving a mark of authenticity and credibility of the business.

Keeping up with the sector’s adoption of digital applications, we created a fintech platform that interlinks bankers with potential SME borrowers - SMERA Banker's Terminal. In the last two decades, SMERA has built a network of over 50,000 rated MSMEs while bridging the gap between enterprises, banks, and financial institutions. As we continue on our journey, we are dedicated to our cause of strengthening the SME Ecosystem through easier access to financing, streamlined information, and credible assessment of business parameters.


Nation-wide Network


Board of Directors

Sankar Chakraborti

Non-Executive Chairman

Sankar Chakraborti is MD & CEO of Acuité Ratings & Research Limited. He has nearly 3 decades of experience in credit ratings and financial research. He is the founder and current Chairman of India’s first ESG Rating provider ESGRisk.ai. Mr. Chakraborti holds an MBA and a BSc in Physics (honours).

Yogesh Dixit

Non-Executive Director

Yogesh Dixit is currently the Chief Risk Officer at Suryoday Small Finance Bank. He has 3 decades of experience in banking. He is one of the pioneers in SME Rating in India. He holds a B.E (Civil) and an M. Tech. He also holds an MBA (Finance) from NMIMS and is a CAIIB.

Hitesh Khona

Non-Executive Director

Hitesh Khona is CFO at Acuité Ratings & Research Limited. He is a qualified chartered accountant with 16 years of experience spanning finance & accounting, corporate strategy & planning, taxation, fundraising & banking operations.

Pooja Ghosh

Executive Director

Pooja Ghosh is an Executive Director at SMERA Ratings. She is a qualified Chartered Accountant with 17+ years of experience in rating operations, business development, brand outreach and analytics. As the Executive Director at SMERA, she is responsible for analytical quality and growth of the company.