18 June 2018, India:
MobiKwik has invested ₹2 crore in Data Science Startup Pivotchain Solutions. The investment will strengthen MobiKwik’s fintech offerings, the company said in a statement.
“MobiKwik is transforming from a leading digital payments player, to India’s largest digital financial services platform. Delivering high quality fintech products will require immense focus on data, and an in-depth understanding of the user requirements, across categories. Pivotchain is doing incredible work in alternate data scoring, predictive modeling & risk management and this investment will give us an edge over competition. We will continue to invest in companies that can add value to our business.” said Bipin Preet Singh, Founder and CEO, MobiKwik.
“We are glad to be part of MobiKwik family. MobiKwik has been a flag bearer in the payments industry and we look forward to working with MobiKwik and deliver the right lending solution across the user base”, said Deepak Rao, Founder and CEO, Pivotchain Solutions.
“We are glad to be part of MobiKwik family. MobiKwik has been a flag bearer in the payments industry and we look forward to working with MobiKwik and deliver the right lending solution across the user base”, said Deepak Rao, Founder and CEO, Pivotchain Solutions.
Pivotchain Solutions was founded by Deepak Rao and Yogendra Pratap Singh in 2017. It is a predictive analytics firm with expertise in machine learning and artificial intelligence.
MobiKwik was founded by Bipin Preet Singh and Upasana Takur in 2009.
(Image – SmartPriceDeal)
