Artoo IT Solutions Private Limited

Works for developing a technology enabled platform to digitize loan disbursement and management

  • Started: 2010
  • Bangalore, Karnataka

About

Works with the aim of maximizing financial inclusion by digitizing lending process in the small business sector. The activities are focused on empower Read morement of field agents by replacing paper and excel based loan management with comprehensive digitization. The technology platform digitizes the entire process of loan disbursement from start to finish with automated modules for daily planning, route optimization, lead scoring, data capturing through OCR, eKYC, real time credit bureau reports, financial analysis, credit approval, document execution, disbursement, payment reminders, loan repayment, reconciliation and EOD review. Through their platform, they have assessed 3,00,000 small businesses and disbursed more than 200 million dollars in loans. Entities using their platform have reported 43 percent reduction in loan processing time, 45 percent reduction in cost of customer acquisition, 500 percent improvement in productivity and an ROI of 800 percent.

Sectors

  • Livelihoods
  • Technology

Programs

Registration Details

  • Registration ID
    U72200KA2010PTC054832

Location

Project Location

Headquarters

3rd Floor, 275/B, 37th B Cross, 28th Main, Jayanagar 9th Block

Offices in Cities

Bangalore

Projects in States

West Bengal, Chhattisgarh, Bihar, Maharashtra, Madhya Pradesh, Delhi

Other Details

  • Type & Sub Type

    For-profit
    Private Limited Company

  • Employees

    21-50

Website