AA
Abhishek Agarwal
Chairman at Creditvidya
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Work Experience
Chairman
Present
Company Details
51-200 Employees
CreditVidya is the leading player in the alternative credit scoring space in India. A pioneer in the domain, we are leveraging alternative data, AI and machine learning to facilitate institutional credit for the underserved. Our products are helping a large section of the salaried and self-employed population become visible to lenders, by making it financially viable for banks and NBFC's to underwrite customers for much smaller unsecured loans. 55+ leading banks and NBFCs that share our vision, rely on our products to manage the credit cycle end-to-end: Prospecting, Credit Underwriting, and Delinquency Management. With over 10,000 data points, CreditVidya's credit underwriting model is 2x more powerful than traditional bureau scores, helping banks and NBFC's underwrite 15% more individuals, including the completely new-to-credit segment (first time borrowers). To date, we have underwritten over 25 million individuals. Our products also help lenders cut the time of decision-making from several days to under five minutes, reduce costs, prevent fraud, and consequently, increase profitability. We are dedicated to our mission of making affordable credit accessible to more than 3 billion under-served people across the world.
Year Founded
2012
Social Media
LinkedinFacebookTwitter
Industry
Financial Services, Independent financial advisers, Financial and insurance services, Business Services, Financial markets risk management consultants, Financial management consultants and services, Services to businesses
HQ Location
2nd floor, Block 2, My Home Hub, Madhapur, Hi-Tech City, My Home Hub Hyderabad, Telangana 500081, IN
Keywords
Financial TechnologyCredit ScoringRisk AssessmentUnderwriting PlatformData AnalyticsMachine LearningArtificial IntelligenceAlternative lendingAlternative dataFinancial Inclusion
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