How Namaste Credit leveraged its tech bet amid the pandemic

Namaste Credit combines a loan marketplace with an AI-based credit underwriting engine to help banks and NBFCs lend to SMEs, and democratises access to credit.

Wednesday January 12, 2022 , 3 min Read

Good Morning,

Financial services providers, largely driven by the COVID-19 pandemic, have now become an integral part of the MSME (micro, small and medium enterprises ) ecosystem. However, the landscape was quite different when Lucas Bianchi, Gaurav Anand, and Krishnan Parameshwaran founded Namaste Credit in Bengaluru in 2014.

Back then, Namaste Credit was one of the few startups looking at the space closely.

The startup combines a loan marketplace with an AI (artificial intelligence)-based credit underwriting engine to help banks and NBFCs (non-banking financial companies) lend to SMEs.

In this week’s Product Roadmap, YourStory features fintech startup Namaste Credit to chart its journey from inception to building the minimum viable product (MVP) and the road ahead.

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News & Updates

Early-stage venture capital firm Elevation Capital has announced the promotion of Mukul Arora to the role of Co-managing Partner from Partner, alongside Ravi Adusumalli. Mukul joined Elevation Capital in 2010 as an associate when it was known as SAIF Partners.

Home interiors brand HomeLane has announced the conclusion of its ESOP (Employee Stock Ownership Plan) buyback event of Rs 27 crore. The event was initiated as part of its $50 million Series E round of investment.

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Before you go, stay inspired with…