FinTech Company for Sale in Bangalore, India
Company is looking to sell IP ownership of an AI based platform for micro lending.
This transaction has concluded.
Premium Plan
| Established | 10-20 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 9.2 thousand |
| Run Rate Sales | USD 70 thousand |
| EBITDA Margin | 33 % |
| Industries | FinTech |
| Locations | Bengaluru |
| Local Time | 11:30 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Full Sale
Asking Price:
USD
350 thousand
(Native Currency: INR 30,000,000)
Reason: We are considering this path for achieving maximum outreach of the platform. Potential buyers could ...
View More
Includes physical assets worth
USD
5.8 thousand
Interested to connect with advisors
Documents
Brochure
(385.3 KB)
Pitch Deck
(1.9 MB)
Domain-Verification.pdf
(213.1 KB)
GST Certificate
(126.5 KB)
Incorporation Certificate
(21.4 KB)
PAN Card
(1.2 MB)
Balance Sheet
(33.8 MB)
Investment from FII
(124.1 KB)
Bank Statement
(93.1 KB)
ROC-Verification.pdf
(59.4 KB)
Business Overview
- Our company is looking to sell an AI based platform that we have developed for granting micro loans.
- The AI gives instant loan recommendations and has recommend over 10,000 successful loan predictions so far.
- It's a fully integrated loan origination and loan management system with embedded artificial intelligence.
- Mobile verification, eKYC authentications, e-credit bureau, e-bank statement analysis and machine based loan eligibility, these are our platform features that's all done in real-time at customer's doorstep.
- In India, micro enterprises lack documentation for lenders to evaluate creditworthiness, our platform bridges the gap using AI.
- Our system uses hyperlocal market conditions and visual profiles of the business to generate recommendations.
- Lenders can also use a 10 min psychometric game to predict whether the borrower is an opportunity or necessity entrepreneur.
- The ML models have been tested against 300,000+ micro businesses across India. It has also been piloted and validated by over 15 pan India lenders.
- Currently around 3 pan India lenders use our product and and have made the AI tool an integral part of their underwriting process.
- We have a strong founding team (from IITs, BITS Pilani, CFA) with differentiated skill sets.
- Early adopters (large NBFCs, large MFIs and Small Finance Banks) have given feedback that the product solves their problem significantly better than other alternatives in the market.
- Our revenue generated has increased exponentially solely through customer acquisition.
- Buyer would only receive the AI platform and the company is not part of the sale.
- The AI gives instant loan recommendations and has recommend over 10,000 successful loan predictions so far.
- It's a fully integrated loan origination and loan management system with embedded artificial intelligence.
- Mobile verification, eKYC authentications, e-credit bureau, e-bank statement analysis and machine based loan eligibility, these are our platform features that's all done in real-time at customer's doorstep.
- In India, micro enterprises lack documentation for lenders to evaluate creditworthiness, our platform bridges the gap using AI.
- Our system uses hyperlocal market conditions and visual profiles of the business to generate recommendations.
- Lenders can also use a 10 min psychometric game to predict whether the borrower is an opportunity or necessity entrepreneur.
- The ML models have been tested against 300,000+ micro businesses across India. It has also been piloted and validated by over 15 pan India lenders.
- Currently around 3 pan India lenders use our product and and have made the AI tool an integral part of their underwriting process.
- We have a strong founding team (from IITs, BITS Pilani, CFA) with differentiated skill sets.
- Early adopters (large NBFCs, large MFIs and Small Finance Banks) have given feedback that the product solves their problem significantly better than other alternatives in the market.
- Our revenue generated has increased exponentially solely through customer acquisition.
- Buyer would only receive the AI platform and the company is not part of the sale.
Products & Services Overview
AI platform with fully integrated loan origination and loan management system. Allows lenders to originate, sanction and disburse a loan within a day.
Facilities Overview
Rented office in Bangalore of 500 Sq Ft.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysChairman, Agriculture And Farming, Dubai, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysCEO, Ahmedabad, Financial Consultant connected with the Business
-
Earlier than 15 daysManaging Director, Trading, Bhubaneswar, Individual Investor / Buyer connected with the Business
Tags:
Financial Website Company for Sale in Bangalore, India
·Purchase Financial Website Company in Bangalore, India
·Buy Financial Website Company in Bangalore, India
·Financial Website Company for Sale in Bengaluru
·Purchase Financial Website Company in Bengaluru
·FinTech Company for Sale in Bangalore, India
·Purchase FinTech Company in Bangalore, India
·Buy Financial Website Company in Bengaluru
·Buy FinTech Company in Bangalore, India
·FinTech Company for Sale in Bengaluru
·Purchase FinTech Company in Bengaluru
·Financial Website Company for Sale
·Buy FinTech Company in Bengaluru
·FinTech Company for Sale
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
