fTek Consultancy Services Private

Neutral digital lending marketplace in true sense- Locally connecting lenders, borrowers and brokers!! MudraCircle is a marketplace which connects SME businesses on one side to Banks/ NBFCs on other side. Our data analytical tools applied over numerous traditional and non traditional variables, Ensures best of the products to our Lenders, Partners and Borrowers. Fully Digital process Completely paperless digital application process, eKYC (PAN & Aadhar) for identity and eNACH for repayments, Digital verification of residence/ income/ business, e-Disbursement: Agreement signing through Aadhar eSign, Seamless integration with Banks/ NBFCs, Skype & Google-Hangout integration for Personal discussion between Lender & Borrower. Lenders, Borrowers and Business Partners dashboard Lenders dashboard: Lenders can see/analyze the entire portfolio and their underwriting, Borrowers dashboard: Borrowers can apply for loans, see loans status and updates on their dashboard, Business Partner’s dashboard: For Brokers/Sub-brokers: No more creating multiple files & taking them physically to NBFCs/Banks. Simply upload & check fitment & eligibility. Tech and Data Backend data integration – eKYC, e-commerce retailers, transportation, hospitality and travel, payment providers, Credit bureaus, telecom, Wallets, etc., Convenient and easy to use user interface for borrowers, lenders and business partners, Customized Credit scorecards on our flexible lender dashboard tailored in-line with Bank/ NBFC existing credit models, Application form filling through voice commands. Different category of variables: Psychographic sketching: To access the intent of the borrower, Social Underwriting: Tracking his social and digital footprints of the promoters/ borrower, Financial Variables: To access financial health of the business, Balance Sheet and P&L Analysis: To asses stability of the business, Bank Statement Analysis: Accessing cash flow of the business, Mobile-data underwriting: Alternative credit underwriting, improved collections and marketing. Deception detection: deception bot & emotion recognition data-points, GSTN database: To understand business transactions Machine Learning & Big data based Credit Analysis Over 4,000+ variables used in credit analysis of a single business, Automated credit management platform leveraging AI and machine learning, Credit analysis workflow completed in milliseconds after data is fed into the system, Proprietary data-science and AI based risk assessment and Credit scorecards Comprehensive Underwriting Robot does Real-time Bank statement analysis and Balance sheet/ P&L analysis and automated financial ratio analysis, Financial credit underwriting basis standard credit reports such as CIBIL & Equifax, Digital/ Social media footprints and intent analysis using Social media integrations and Psychometric testing, Mobile based Underwriting: Unconventional, Fast, effective and scalable underwriting. Efficient Hybrid Distribution Online, mobile and physical, Reinventing Broker/ Sub-broker channel by allowing them seamless & online analysis access, CA network provides last mile physical connectivity. Product customization due to community presence of the CA network, Enhanced origination and monitoring v/s DSA model, Lead filtering models based on data science to increase conversions by connecting borrowers, brokers and lenders locally on best effort basis. Strategic Partnerships_ Aligning digitally Tieups with Payment Solution companies for direct access to retailer/ merchant community. As of date we have already signed up with 2 payment companies which we instantly give access to 15mn+ customers. We hope to start generating business from these tieups from Aug’18 onwards. Aligning with large & mid-size corporates for short-term dealer/ distributor financing, Invoice discounting, Tying up with B2C & B2B marketplaces for loans to sellers