ADVETAYA BUSINESS CONSULTANT PRIVATE LIMITED

In their own words

MSMEs contribute over 50% to our GDP; GOI having created a separate Ministry for it and our Honorable Finance Minister having eased norms along with a strong push for digital financial analysis in the recent Budget speech, they still remain a financially deprived community, mostly, due to lack of knowledge of the Right Product and Lender. With over 100 Lenders and more than 1000 different products it is impossible to get the right product/service without visibility. On the contrary they end up getting exploited. As a solution to this challenge, a full-fledged Digital Marketplace for Loans to the MSME segment has been developed by Aagey.com. Having tied up with over 50 Banks, NBFCs, PSUs and Coop Banks, we are building a Digital platform/portal mapping close to 800 Loan products across lenders powered by our unique algorithm. Resultant outcome being, empowerment to the MSME, to be able to find an appropriate Lender for all their financial needs (loans being Unsecured, Secured, Commercial Vehicles/Equipment, Car, Machinery, Working capital etc.,). On necessary Customer authentication, the technology (agnostic to any operating system) has instant capability to digitally analyze financial data/details of their Financials, Bank Statements, Credit Rating and KYCs through APIs comprehensively. Over 3000-5000 data points are captured and analyzed at the same time. Authentic and Accurate data pulled by such means, powered by our unique algorithms provide the most Appropriate & Adequate funding option across all products and Lenders. Customer is enabled to apply directly to the Bank on such a result to avail the loan the very First time or can take our support for last mile connectivity with presence in every district across Karnataka, TN and Kerala where we are operational currently. A team of internal professionals, comprising of finance professionals, will advise the customer based on an automated Fin Scoring report to enable funding, if need be. Summarily, the entire Credit Evaluation process leading to Sanction(for granting loans) has been Digitalised. Product offerings such as General Insurance and Equity investments related to MSME segment are being developed as well to complete the bouquet of services. All products will be powered by a robust Analytical Engine which is capable of providing online predictive outputs too through ERP data connectorset to be updated

Written by the company on its public Startup India profile. Not verified by us.