• Latest
Pepper Advantage Leading Credit Intelligence firm

Leading Credit Intelligence firm Pepper Advantage doubles its India portfolio & expands its service offerings with AI/ML operations post Rieom.ai acquisition

August 24, 2023
India’s Diverse Voices Find a Platform in Public Bytes TV

India’s Diverse Voices Find a Platform in Public Bytes TV

June 7, 2025
All Eyes on Bela: Gujarati Urban Film as It Readies for a Powerful Release

All Eyes on Bela: Gujarati Urban Film as It Readies for a Powerful Release

May 10, 2025
Hostelbird Takes Flight: India’s First Homegrown Hostel Booking Platform Set to Redefine Budget Travel

Hostelbird Takes Flight: India’s First Homegrown Hostel Booking Platform Set to Redefine Budget Travel

April 11, 2025
Rajat Srivastava Makes Waves in the Industry with ‘Personalities of  India’ Magazine

Rajat Srivastava Makes Waves in the Industry with ‘Personalities of  India’ Magazine

March 6, 2025
Anuja Shankar: Pioneering HR Excellence in the Automobile Industry

Anuja Shankar: Pioneering HR Excellence in the Automobile Industry

March 4, 2025
Noida International University launched specialized management & non-management courses across all the groups

Noida International University launched specialized management & non-management courses across all the groups

February 28, 2025
Expert High-Risk Pregnancy Management by Dr. G.S. Tunga at Healing Touch Nursing Home, Mahishadal

Expert High-Risk Pregnancy Management by Dr. G.S. Tunga at Healing Touch Nursing Home, Mahishadal

February 4, 2025
IVF vs. ICSI: Choosing the Right Path to Parenthood – Dr. Mohit Saraogi

IVF vs. ICSI: Choosing the Right Path to Parenthood – Dr. Mohit Saraogi

January 24, 2025
Dr. Vishal Khullar performs beating heart bypass surgery to give a 78-year diabetic patient a new lease of life

Dr. Vishal Khullar performs beating heart bypass surgery to give a 78-year diabetic patient a new lease of life

December 31, 2024
Vinsys IT Services rides AI skilling opportunity in the Middle East to power its growth strategy

Vinsys IT Services rides AI skilling opportunity in the Middle East to power its growth strategy

December 28, 2024
Celebrate Diwali with Kingston: The Ultimate Blend of Innovation and Festive Cheer

Celebrate Diwali with Kingston: The Ultimate Blend of Innovation and Festive Cheer

November 4, 2024
Kiran Nadar Museum of Art presents The Elemental You

Kiran Nadar Museum of Art presents The Elemental You

November 4, 2024
  • About Us
  • Advertise
  • Contact Us
  • Privacy Policy
  • हिंदी
  • ગુજરાતી
Gujju Reporter English
  • Home
  • India
    • National
    • State News
  • Business
  • Education
  • Entertainment
  • Sports
  • Finance/Money
  • Technology
  • Lifestyle
    • Fashion & Beauty
    • Food
    • Health
    • Travel
  • Others
    • auto
    • World
    • Press Release
No Result
View All Result
  • Home
  • India
    • National
    • State News
  • Business
  • Education
  • Entertainment
  • Sports
  • Finance/Money
  • Technology
  • Lifestyle
    • Fashion & Beauty
    • Food
    • Health
    • Travel
  • Others
    • auto
    • World
    • Press Release
No Result
View All Result
Gujju Reporter English
No Result
View All Result
Home Business

Leading Credit Intelligence firm Pepper Advantage doubles its India portfolio & expands its service offerings with AI/ML operations post Rieom.ai acquisition

Gujju Reporter by Gujju Reporter
August 24, 2023
in Business
0
Pepper Advantage Leading Credit Intelligence firm

Mukund Kulkarni

Share on FacebookShare on Twitter
  • Pepper Advantage India on strong upward trajectory after demonstrating yearly growth of almost 200% in assets under management (AUM)
  • Set to add 5 new clients by March 2024 after 17 new client wins over the year

Mumbai (Maharashtra) [India]:  Pepper Advantage, a global credit intelligence provider and leader in the credit management, risk management, and data analytics sector, has added an Artificial Intelligence edge to its services with the acquisition of Rieom.ai, launched in May this year. With the acquisition of the AI-driven credit management software platform, Pepper Advantage can now add a predictive, pre-payout, credit approval tool to its suite of products and is firmly positioned to continue its steep upward growth trajectory.

The acquisition also supports Pepper Advantage’s plans to launch its AI-driven credit management model across Southeast Asia and the Middle East. The Pepper Group has an existing presence in mature markets like Australia, the UK, Europe, South Korea, Japan and South-East Asia. Pepper Advantage will combine global and local skills along with its experience and data-driven approach to collections and credit management to secure next-level growth for Indian businesses, empowering Indians to increase financial wellbeing.

The company has already established strategic hubs across major cities in India that include Mumbai, Chennai, Delhi, Bangalore, and Ahmedabad, with upcoming hubs in Kolkata, Lucknow and Kochi. Future plans include the expansion of its applicable market in India to include Fintech, Microfinance Companies, Small Finance Businesses, Co-Operative Banks, Insurance, and Government Institutions to manage and service their credit portfolios, with a focus on clients who help underserved communities. Specifically, Retail and Micro, Small and Medium Enterprise (MSME) are currently contributing more than 40% to Pepper Advantage’s client portfolio. MSME, a highly vibrant and dynamic sector of Indian economy, is actively embracing Fintech within their operations to help increase productivity and product demand.

Commenting on the rapid growth, Mr. Mukund Kulkarni, CEO, Pepper Advantage, said, “The gross Non-Performing Assets within the Indian banking system are currently estimated at almost USD 85 billion (INR 7 Lakh Crore). Pepper Advantage is well placed to grow in this space as we are one of the only providers that offers comprehensive end-to-end financial services solutions, catering to the diverse needs of banks and non-bank lenders, significantly minimizing risk and optimizing credit assessments. Our offering has helped us add 17 prominent financial services clients in India over the past year to our growing portfolio, and we are on track to add another 5 to 6 clients by the end of the fiscal year (March 2024). This success emphasizes the critical role that credit management and risk assessment services play in mitigating financial risks for lenders.”

The credit management sector in India has seen a surge in demand for outsourced services such as KYC verification, credit score checks, collection activities, and legal support in NPA management, with more than 200 million loan applications processed annually from banks, NBFCs, and microfinance companies. Amidst this flourishing market, Pepper Advantage has successfully provided a one-stop-shop for credit management and collection, master and back-up servicing, investment processes and transaction advisory services. The company’s dedication to providing leading technology and efficient services has resulted in an impressive 200% growth in its assets under management (AUM) within a year.

Pepper Advantage’s key differentiator lies in its state-of-the-art technology that integrates advanced artificial intelligence and machine learning algorithms. This technology empowers lenders to make data-driven decisions and significantly reduces the risk associated with falsified documents by helping to identify potential frauds during the loan underwriting process. Pepper Advantage also supports financial institutions in the proper execution and usage of this technology at every stage of the loan process and provides a 360-degree end-to-end solution in mitigating the variety of fraud risks. As of now, there is no other company in India that can provide such a diverse range of solutions, all under one roof.

Tags: credit managementdata analytics sectorglobal credit intelligence providerLeading Credit Intelligence firmMukund KulkarniPepper Advantagerisk management

Related Posts

India’s Diverse Voices Find a Platform in Public Bytes TV
Business

India’s Diverse Voices Find a Platform in Public Bytes TV

June 7, 2025
Rajat Srivastava Makes Waves in the Industry with ‘Personalities of  India’ Magazine
Business

Rajat Srivastava Makes Waves in the Industry with ‘Personalities of  India’ Magazine

March 6, 2025
Vinsys IT Services rides AI skilling opportunity in the Middle East to power its growth strategy
Business

Vinsys IT Services rides AI skilling opportunity in the Middle East to power its growth strategy

December 28, 2024
Kshitij Polyline Ltd Expands Reach as Leading Manufacturer, Supplier, and Exporter in India
Business

Kshitij Polyline Ltd Expands Reach as Leading Manufacturer, Supplier, and Exporter in India

July 20, 2024
Collaborative initiatives with Taiwan will assist India in boosting its domestic economic growth
Business

Collaborative initiatives with Taiwan will assist India in boosting its domestic economic growth

July 11, 2024
FAAD Network Exits Battery Smart at Phenomenal 61x Return on Investment
Business

FAAD Network Exits Battery Smart at Phenomenal 61x Return on Investment

June 24, 2024
  • Trending
  • Comments
  • Latest
A Remarkable Odyssey of Devotion and Gratitude, Devotees line up for Shri Karauli Shankar Mahadev at Karauli Sarkar Dham

A Remarkable Odyssey of Devotion and Gratitude, Devotees line up for Shri Karauli Shankar Mahadev at Karauli Sarkar Dham

December 22, 2023
Dr Sunita Dube along with 21 Lakh Doctors Supports Tribunal Health law raised in Parliament by MP

Dr Sunita Dube along with 21 Lakh Doctors Supports Tribunal Health law raised in Parliament by MP

December 12, 2023
Gayatri Sadashiv Barshi: Pioneering Bio-Fashion Designer from Karjat, Maharashtra

Gayatri Sadashiv Barshi: Pioneering Bio-Fashion Designer from Karjat, Maharashtra

August 16, 2023
Mayor Inaugurates FLO Style Tatva, a nearly 100% Plastic Free Lifestyle Exhibition

Mayor Inaugurates FLO Style Tatva, a nearly 100% Plastic Free Lifestyle Exhibition

0
Anytime Astro Bags the Prestigious International Business Award for Best Astrology App in India

Anytime Astro Bags the Prestigious International Business Award for Best Astrology App in India

0
Rest your body on the purest of fabrics – Rani Pink

Rest your body on the purest of fabrics – Rani Pink

0
India’s Diverse Voices Find a Platform in Public Bytes TV

India’s Diverse Voices Find a Platform in Public Bytes TV

June 7, 2025
All Eyes on Bela: Gujarati Urban Film as It Readies for a Powerful Release

All Eyes on Bela: Gujarati Urban Film as It Readies for a Powerful Release

May 10, 2025
Hostelbird Takes Flight: India’s First Homegrown Hostel Booking Platform Set to Redefine Budget Travel

Hostelbird Takes Flight: India’s First Homegrown Hostel Booking Platform Set to Redefine Budget Travel

April 11, 2025
India’s Diverse Voices Find a Platform in Public Bytes TV

India’s Diverse Voices Find a Platform in Public Bytes TV

June 7, 2025
All Eyes on Bela: Gujarati Urban Film as It Readies for a Powerful Release

All Eyes on Bela: Gujarati Urban Film as It Readies for a Powerful Release

May 10, 2025
Hostelbird Takes Flight: India’s First Homegrown Hostel Booking Platform Set to Redefine Budget Travel

Hostelbird Takes Flight: India’s First Homegrown Hostel Booking Platform Set to Redefine Budget Travel

April 11, 2025
June 2025
M T W T F S S
 1
2345678
9101112131415
16171819202122
23242526272829
30  
« May    

Categories

  • Agriculture
  • auto
  • Blog
  • Business
  • Education
  • Entertainment
  • Fashion & Beauty
  • Finance/Money
  • Food
  • Health
  • Lifestyle
  • National
  • Press Release
  • Religion
  • Sports
  • State News
  • Technology
  • Travel
  • World
  • About Us
  • Advertise
  • Contact Us
  • Privacy Policy
  • हिंदी
  • ગુજરાતી

© 2023 Gujju Reporter English

No Result
View All Result
  • Home
  • India
    • National
    • State News
  • Business
  • Education
  • Entertainment
  • Sports
  • Finance/Money
  • Technology
  • Lifestyle
    • Fashion & Beauty
    • Food
    • Health
    • Travel
  • Others
    • auto
    • World
    • Press Release

© 2023 Gujju Reporter English