Skip to content
  • English
  • Business
  • Entertainment
  • National
  • Lifestyle
  • Education
Daily News India

Daily News India

Just another WordPress site

  • English
  • Business
  • Entertainment
  • National
  • Lifestyle
  • Education
  • Toggle search form
  • PROPERTY PLANET, a reputed real estate firm, known for unique approach and customer satisfaction in real estate market Business
  • Meet Sahil Samuel – the rising Indian performer! A
  • JewelEMarket, the Kohinoor of the Indian Wholesale Fashion Imitation Jewelry Industry Business
  • Armonia Home luxury furniture & home décor brand is now open at Kirti Nagar Furniture Market Business
  • India’s Pharma Company organizes an Awareness campaign to prevent heatstroke in summer Business
  • Global Capital Markets Ltd Plans Expansion Business
  • Humble beginnings led Dr. Tanya Chaudhari to ace the game of modelling, acting, and social work Press Release
  • Global Edtech Platform Matific Launches the Prestigious International Math League 2022 in India Press Release

Arohan Selects Scienaptic’s AI-Powered Platform to Strengthen Its AI Innovation

Posted on October 4, 2022 By dsprime 14 Comments on Arohan Selects Scienaptic’s AI-Powered Platform to Strengthen Its AI Innovation

MicroFinance Institution to develop acquisition, behavioral, and collections risk models using the platform

Kolkata (West Bengal) [India], October 4: Leading global AI-powered credit decisioning platform provider Scienaptic AI announced today that Arohan Financial Services Limited, India’s leading NBFC-MFI has selected its predictive modeling platform for sharper analytical decisioning. This kick-starts Arohan’s vision to start using AI across the board to make sharper analytical decisions.

Using Scienaptic’s AI decisioning engine, Arohan can build machine learning models for credit underwriting, collections, behavioral modeling, early-warning signals, and perform various other types of customer and HR analytics. The immediate use-cases will be in using AI for sharper credit decisioning and portfolio monitoring.

Arohan Financial Services Limited, an Aavishkar Group company, is a leading NBFC-MFI with operations in the financially under-penetrated low-income states of India. Arohan provides income-generating loans and other financial inclusion-related products to customers who have limited or no access to financial services. The company operates in 14 states through 740 microfinance branches serving more than 2 Mn customers.  Scienaptic’s zero-code AI auto-model builder platform will help Arohan quickly build sophisticated AI/ML models without having to write complex codes, thereby democratizing the process of AI model building within the analytics organization.

“Our goal is to empower the under-served households by offering a range of financial services in a sustainable manner, and we believe that AI can help us achieve this goal of increasing credit access to the underserved while minimizing our risk,” said Mr. Manoj Nambiar, MD at Arohan Financial Services Limited. “Scienaptic’s platform will help us quickly build and refresh models to predict various events across the customer journey and uphold our values of innovation and customer-centricity.”

Correspondingly, Pankaj Kulshreshtha, CEO of Scienaptic, said, “We are excited to help Arohan Financial Services pursue their mission of increasing credit access for the underserved population in India. Arohan has always pioneered the use of analytics to derive meaningful insights in the MFI industry. We are humbled to be partnering with them to take this several steps further and disrupt the way analytics is used to provide credit to the deserving while protecting the bottom-line interests of the company.”

Scienaptic AI’s mission is to increase credit availability across the globe by transforming the technology used in credit decisioning. Whether credit union, auto lender, bank, NBFC or fintech, Scienaptic’s AI-native credit decisioning platform enables lenders to constantly improve the quality and speed of their underwriting decisions, helping them reach a greater number of borrowers, including underbanked and underserved individuals, and say “yes” more often, without increasing risk while addressing all Regulatory aspects especially Fair lending and explainable adverse actions.

The company’s AI platform is used by lenders of all sizes, integrating seamlessly with their existing systems. Scienaptic-enabled lenders have processed more than 190 million transactions worth $36 billion in credit decisions, benefitting millions of borrowers, and helping them get access to the credit they need. For more information, visit http://www.scienaptic.ai

If you have any objection to this press release content, kindly contact [email protected] to notify us. We will respond and rectify the situation in the next 24 hours.

Business Tags:Business

Post navigation

Previous Post: EPILLO revolutionizing the Healthcare & Fitness Industry with first of their kind Blockchain-based IOT Smart wearables
Next Post: Electronic Paradise announces unbeatable offers this Diwali and festive season. Time to upgrade your electronics and gadgets!

Related Posts

  • Zypp Electric, India’s Leading Last-Mile Delivery App, Has Partnered With Corefactors For Tech Productivity Solutions Business
  • BigBloc Construction Ltd celebrated World Green Building Week 2022 with CII – IGBC; Planted Neem and Karen Trees Business
  • COVID-19 Care: MOURI Tech develops National Emergency Response Team (ERT) – Launches an App to monitor the mental well-being of its employees Business
  • Delivering a 30X growth organically… Naturally Greening India. Delivering happiness to every generation Business
  • India’s first flash mob and Bollywood choreographer Bhaumikk Shah is launching dance institutes across Mumbai Business
  • From Vedas was named Most Prominent Brand in Hyderabad – 2021 by Business Mint in the Organic Category Business

Comments (14) on “Arohan Selects Scienaptic’s AI-Powered Platform to Strengthen Its AI Innovation”

  1. marizon ilogert says:
    October 9, 2022 at 4:42 pm

    I got what you intend, appreciate it for putting up.Woh I am delighted to find this website through google.

  2. inclusive leadership training says:
    November 18, 2022 at 1:31 pm

    Hello. magnificent job. I did not expect this. This is a impressive story. Thanks!

  3. zmozero teriloren says:
    November 23, 2022 at 5:21 am

    I like this blog so much, bookmarked. “Respect for the fragility and importance of an individual life is still the mark of an educated man.” by Norman Cousins.

  4. How to Write a Business Plan for a Press Clipping Service Business says:
    December 16, 2022 at 12:28 pm

    Hello. Great job. I did not imagine this. This is a great story. Thanks!

  5. How to Become a Sanitary Landfill Operator says:
    December 16, 2022 at 12:35 pm

    I’m not that much of a internet reader to be honest but your sites really nice, keep it up! I’ll go ahead and bookmark your website to come back in the future. Cheers

  6. The Complete Guide to Making your own Footstool Or Ottoman says:
    December 18, 2022 at 8:00 am

    Some genuinely great articles on this website, thanks for contribution. “He that falls in love with himself will have no rivals.” by Benjamin Franklin.

  7. Learning and Understanding about SybertñSmith syndrome Disease (Volume 1) says:
    December 18, 2022 at 1:04 pm

    Great post. I was checking constantly this blog and I’m impressed! Extremely helpful information particularly the last part 🙂 I care for such information a lot. I was seeking this certain information for a very long time. Thank you and good luck.

  8. Learning and Understanding about Arterial tortuosity Disease (Volume 1) says:
    December 22, 2022 at 6:18 am

    I have been reading out a few of your stories and i can claim pretty nice stuff. I will definitely bookmark your blog.

  9. Handbook Guide to a Humber - SNIPE (Classic Handbook Car Guide) says:
    December 25, 2022 at 5:46 pm

    I like your writing style truly enjoying this website .

  10. Handbook Guide to a Ferrari - DAYTONA 365GTB (Classic Handbook Car Guide) says:
    December 26, 2022 at 1:49 am

    Very superb visual appeal on this website , I’d rate it 10 10.

  11. How to Become a Sheet-metal Worker says:
    December 26, 2022 at 9:18 pm

    What i don’t realize is actually how you’re not actually much more well-liked than you may be now. You’re very intelligent. You realize thus considerably relating to this subject, produced me personally consider it from numerous varied angles. Its like men and women aren’t fascinated unless it is one thing to accomplish with Lady gaga! Your own stuffs nice. Always maintain it up!

  12. farm tractor mini excavator says:
    December 27, 2022 at 2:37 pm

    I was curious if you ever thought of changing the layout of your site? Its very well written; I love what youve got to say. But maybe you could a little more in the way of content so people could connect with it better. Youve got an awful lot of text for only having 1 or two images. Maybe you could space it out better?

  13. Top Places to own a Vacation Home in Yaren (de facto) (Nauru) says:
    December 28, 2022 at 4:09 am

    Would you be curious about exchanging hyperlinks?

  14. The Best Things to do in Jamestown (Saint Helena) says:
    December 31, 2022 at 6:46 pm

    Those are yours alright! . We at least need to get these people stealing images to start blogging! They probably just did a image search and grabbed them. They look good though!

Leave a Reply Cancel reply

Your email address will not be published.

Recent Posts

  • Naya Bharat Mahotsav, “Sankalp Se Siddhi Tak,” Edition 2 Organized in the United Kingdom
  • “Manufacturers must understand the value of standardization in products”, says CEO of Rhino Motor starter
  • The XIX Mumbai Interschool Sports Kudo tournament organized at Andheri Sports Complex
  • MeraSapna.in Launches India’s First Online Property Prize Competition
  • “Pastel Parrots: The Rise of a Fashion Brand” – Also became story of a homemaker’s transformation

Recent Comments

  • 暹罗小猫要多少钱? on Naya Bharat Mahotsav, “Sankalp Se Siddhi Tak,” Edition 2 Organized in the United Kingdom
  • Dana Wimbs on Dr. Thejo Kumari Amudala bags Taj Mrs. Universe title at a beauty pageant
  • Dwain on MediaDekho.com has become a trusted platform to provide guaranteed and affordable PR & advertising services in India
  • Idepaydup on G-Town Wines, First Women’s Friendly North India’s Biggest Wine Shop in Gurgaon Haryana
  • Tabitha Koos on Physiotherapy and Chiropractic home care treatment that your body needs
  • BNI Ahmedabad to host the Sicilian Games in Dec-Jan Press Release
  • Michigan Academy is coming up with the annual Christmas classic event to offer a platform to gymnasts Lifestyle
  • Colour Cosmetics, a makeup brand that redefined value and quality Lifestyle
  • Top 10 CEOs of The Year 2021-22 By The Indian Alert Business
  • Dr. Madhur Thawani, Founder of Doctor Bulao, helps people to get primary healthcare at Home Lifestyle
  • 12 Mantras of Effortless Leadership by CA Pawan Kr Agarwal Lifestyle
  • Rajesh Srivastav had been felicitated with Global Ambassador Awards of Excellence in London Business
  • How the ‘Office of International Affairs at SRM University Delhi NCR, Sonepat’, Supported International Students During Pandemic Crisis! Press Release

Copyright © 2023 Daily News India.

Powered by PressBook News WordPress theme