Credgenics provides a SaaS-based debt collections platform serving banks, non-banking finance companies, asset reconstruction companies and digital lending firms worldwide. Its platform covers the end-to-end collections lifecycle with multi-channel digital communications, AI-powered predictor models for optimal collections strategy, a field collections mobile app called CG Collect, Billzy digital payments, a legal management system, comprehensive dashboards and deep analytical models. The technology aims to boost resolution rates, improve collections efficiencies, increase recoveries, transform customer experience and reduce non-performing loans. Founded in 2018 by Rishabh Goel, Anand Agrawal and Mayank Khera, Credgenics is an Indian company. In September 2023 it raised $50M in a Series B that valued the company at $340M. Credgenics said it will use the funds to expand its offerings and its business reach. Credgenics (Analog Legalhub Tech Solutions Pvt. Ltd.) is a SaaS-based collections and debt-resolution platform that works with financial institutions, banks, NBFCs and digital lending firms to improve collection efficiency using technology and automation intelligence. Its platform includes legal workflows and delivers customized strategies to increase recovery rates, reduce collection costs, and improve NPA management, geographic reach, and customer experience. The company uses automation, intelligence and optimal legal routes to expedite recovery of bad loans. Credgenics says it will use fresh capital to strengthen R&D infrastructure, expand into new demographics, and scale its operations across India. The company raised $25.0M in a Series A in August 2021.

Total raised

$75M

Funding rounds

2

Latest round

Series B

Latest activity

Aug 2023