1. What is the problem the start-up is solving? The financial institutions in India today are facing huge problem of recovery of credit from their customers resulting in huge provisioning, bad debt creation and NPAs in their books of accounts. Also, currently there is no digital solution or network regarding post credit disbursement due diligence of customers. 2. How does your start-up propose to solve this problem? To provide a digital platform to financial institutions for recovery of credit and conduct diligence of customers who have taken credit from such financial institution by creating a digital network of recovery agents and business correspondents. From customer point of view it will provide them opportunity to make their credit default good and incentivizing the persons availing such option. The purpose is to create a digital solution based on the principles of network marketing for increasing recovery of credit, ensuring due diligence in all stages of re-payment lifecycle and create an integrated framework for financial institutions, credit takers including defaulters, recovery agents and business correspondents. 3. W
Computer and related activities
Source: Ministry of Corporate Affairs company master (open data). Capital figures are as-of the 2021 registry snapshot, not live.