The Next Big Leap
The Next Big Leap | 37 [ PROFILES OF TRAILBLAZERS ] • Founded in the year 2021 • Headquartered in Gurugram, Haryana • Legal Entity: Paytail Commerce Private Limited • Financial Services (FinTech) • Received Seed Funding • Founded by Vikas Garg (Co-Founder & CEO) Paytail is a technology start-up providing instant paperless EMIs to consumers to buy products as well as services. Paytail is committed to building a network of other large financial institutions to cater to pre-approved loan offers for consumers. Paytail is a technology start-up providing instant paperless EMIs to consumers to buy products as well as services across millions of offline merchants. Paytail aims to create a level field for both offline buyers and sellers, as the retailers in this sector have been facing fierce competition from large e-businesses. Paytail is a one-stop EMI solution for all the products at partner merchants. It provides instant credits limit for up to 2 lacs. Paytail offers paperless KYC, aadhar & PAN- based authentication and E-NACH. It also offers it customers flexible EMI options between 3,6,9, and 12 months. Paytail • Founded in the year 2018 • Headquartered in Mumbai, Maharashtra • Legal Entity: Oktober6 Insight Private Limited • Financial Services (FinTech) • Received Pre Series A Funding • Founded by Rohini (Nadia) S (Co-Founder & CEO) Varun Sahni (Co-Founder & COO) Oktober6 Insight Private Limited is an fintech company which intermediates business loans for SMEs in all sectors of the Indian economy. The company offer two Machine Learning based solutions, a digital loan clearing platform that facilitates efficient SME lending and borrowing between SME lenders and borrowers. A reverse clearing platform that helps lenders monetize wastage in their funnel. CreditEnable has developed a set of SME lender and SME borrower tools which aim to increase transparency and efficiency in the SME lending process and to enable unserved SMEs. CreditEnable is digital SME loan clearing platform for SME lending and borrowing. This platform offers 50% reduction in sunk costs for underwriting and provides improved approval rates. ReverseEnable launched in March 2023 is a reverse clearing platform that monetize sales funnel wastage. CreditEnable Dun & Bradstreet
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