Problem

The process of setting up a profile for financing involves an extensive underwriting procedure that typically takes around seven days, provided all the necessary data is readily available. However, data is often not readily accessible, and many businesses in rural India may lack the required documentation to secure financing. This results in considerable effort from both the sales and credit underwriting teams, who must chase down the necessary information. Ultimately, it often turns out that the client does not meet the eligibility criteria for funding. This lengthy and cumbersome process leads to many decisions being delayed, preventing the maximization of lead potential.

JTBD

Sales Team:

• Close deals with clients as quickly as possible.

Credit Team:

• Accurately assess risk and decide whether to approve the loan.

Product Team:

• Streamline the product to make the process smoother and integrate new features to enhance efficiency.

Key feature

1. Cash flow Analysis
2. Collateral Analysis
3. Generate a CAM repor

Additional features

1. Partening with recovery firms to train the ai module to understand the catagory of defaulters to catch them while screening them

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Competitor

1.LEWAYHERTZ

2.Defi solutions

3.zest ai

4.SCIENAPTIC (NICE WEBSITE AND STORY)

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ICP

Current Pitch

1. ​