CreditSiddhi using its Deep-Tech (ML & deep learning) focused proprietary process (can be run physically to fully digital) collect data & structure them for digital credit.
Startup Description
Deep-tech focused proprietary process (combination of off-line & on-line) collect data and other details structuring them for digital credit. Done with accuracy and minimal credit cost resulting in 54% conversion from lead to disbursals.
Product Screenshots
Business Model
CreditSiddhi using its Deep-Tech (ML & deep learning) focused proprietary process (can be run physically to fully digital) collect data & structure them for digital credit.
High accuracy and competitive credit cost resulted in 54% conversion from Leads to disbursals. Credit Siddhi does not provide credits. We are partnered up with many lenders and financial institutions to provide credit for the SMBs.
Revenue Model:
*Credit Siddhi does not charge users any fees or charges. Financial Institutions pays the following to Credit Siddhi:
*Commissions
*Risk fees
*Technology Charges
Customers
based in
India
Business
Modal Type
Marketplace
Type of
Sales
B2B
Competitors
Scientaptic, Ofbusiness etc.
Teams
Chetan Pandya
Founder & CEO
Sujit Desai
Head of Credit & Ops
Nitin Pardesi
Sales Head
Tell us a bit about how founding team knows
each other.
Nitin was introduced to Chetan by an investment banker (common friend to both). Nitin likked what is being done and joined even before a rupee of revenue was earned in the company.
Sujit is childhood friend of Nitin, he was introdcued by Nitin to decide on merit. Sujit fit the bill for Credit and Ops and joined as we were going live.
Why did you decide to start this
company?
Credit is lifeline of modern civilisation which unfortunately is not reaching India's large swathe of SMB's. An intime and viable credit delivery to these SMB's can elevate GDP by 2 -3% for 30 yrs.
Are all the founders full-time on this
project?
Yes
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