AERIES FINANCIALTECHNOLOGIES PRIVATE LIMITED

In their own words

Aeries Financial Technologies Private Limited (referred to as "the Company" or "the Holding Company"), incorporated in Mumbai on December 01, 2015 is engaged in the business of providing information technology ("IT") enabled services, advisory services, software development and hardware related services including developing technology platform. The Holding Company has irrevocable and perpetual right & license to use the CASHe brand including the related technology for business purposes. The details of its Subsidiary Company are as follows Bhanix Finance and Investment Limited India Subsidiary Company was incorporated in India on March 15, 1996, is registered with the Reserve Bank of India ("the RBI") as a Non-Banking Financial Company ("NBFC") vide certificate no. B.01.00379 dated June 27, 2001, which was subsequently amended vide certificate no. B-13.02211 dated December 22, 2017. It is a non-deposit taking non-systemically important Non-Banking Financial Company ("NBFC-ND-NSI’"). It is engaged in the business of providing application based short term unsecured loans. Bhanix Finance and Investment Limited was an associate from September 16, 2017 up to February 15, 2018 and post that date, it became a wholly owned subsidiary. What is CASHe CASHe is an App-Based lending Company using patented alternate credit scoring algorithm to lend to salaried millennials. Our algorithms are 100% machine based with no human bias which capture information from digital footprint and provides us confidence score for lending decision. The IP of the algorithms are patented in Singapore and the Company has an irrevocable, perpetual right and license to use the technology in India. CASHe uses modern technology combined with intelligent big data analytics, predictive algorithms to map young professionals across the country based on their mobile, digital footprint and their social behavior patterns to rate their credit worthiness. Key Business Highlights • The company has a robust and scalable technology platform, personnel and processes to grow the business exponentially • IPR filed in Singapore and India on its proprietary SLQ platform • Periodical testing of Information Security and Compliance environment to ensure adherence to Indian and globally accepted norms • The company has made optimal investments in R&D and Sales & Marketing to ensure sustained growth in the medium to long term CASHe Advantage • Available on Android and iOS platform • Available PAN India • User friendly UI/UX design • Proprietary AI technology for credit profiling • Over 75% loans disbursed are to repeat customers

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