CREDISTRAL AI PRIVATE LIMITED

In their own words

Problem: Traditional credit scoring in India depends mainly on bureau data, excluding new-to-credit customers, self-employed individuals, and those in semi-urban and rural areas. This creates a financial inclusion gap and increases risk for lenders due to incomplete assessment of repayment capacity. Solution: Credistral AI Pvt. Ltd. is developing CredEngine, an AI-powered credit scoring and risk intelligence platform that leverages Account Aggregator (AA) data to analyze real-time financial transactions, income patterns, and spending behavior. Alongside credit scoring, the platform offers fraud detection and risk mitigation tools to help lenders minimize defaults and improve portfolio health. Innovation: CredEngine integrates machine learning models, explainable AI (SHAP), and risk monitoring tools, offering transparent and regulator-friendly credit insights. Its plug-and-play API reduces loan approval turnaround from days to minutes, helping lenders serve even thin-file and new-to-credit customers. Scalability & Impact: The solution is scalable across NBFCs, banks, digital lenders, and MFIs. With growing AA adoption, CredEngine can integrate with hundreds of institutions and serve millions of borrowers. Beyond credit scoring, our vision is to build a financial data layer and wrapper for the entire lending ecosystem, enabling interoperability. This creates employment in data science, engineering, and compliance, while advancing financial inclusion and economic growth.

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