what is crore

In the Indian numbering system, a crore is a unit of measurement used to represent 10 million or 1,00,00,000. It is widely used in official and other contexts in Afghanistan, Bangladesh, Bhutan, India, Myanmar, Nepal, and Pakistan. One lakh represents one hundred thousand or 1,00,000, and one crore is equal to ten lakhs or one hundred lakh. In financial transactions, as well as in everyday life, the term crore is often used to represent large figures of money in Bangladesh, India, Nepal, and Pakistan. For example, 150,000,000 rupees is written as "fifteen crore rupees" or "₹15 crore".