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Home News

Airtel Acquires Strategic Stake in FinTech Startup Seynse

by Chinmay Bidkar
February 23, 2017
in News
Reading Time: 1 min read
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Airtel Acquires Strategic Stake in FinTech Startup Seynse
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23 February 2017, India:

Bharti Airtel today said that it has, through its subsidiary Bharti Airtel Services, acquired a strategic equity stake in Seynse Technologies, a Financial Technology company.

Seynse, incubated by Prototyze, was incorporated in 2015 in Goa. It launched its digital lending
platform, ‘Loan Singh’ in April 2016.

Gourav Jaswal, Director, Seynse added “We’re privileged to have Airtel as a partner in our growth journey and look forward to gaining from their deep understanding of the Indian customer. This partnership will give Seynse the opportunity to innovate for a much wider audience and add to its product portfolio.”

Also read- KALPANA CHAWLA- AN ORDINARY WOMAN WHO INSPIRED MILLION OTHERS WITH HER EXTRAORDINARY COURAGE.

Harmeen Mehta, Global CIO and Director – Engineering, Bharti Airtel said “Over the years, Airtel has developed strong in-house data science capabilities that enable us to serve our customers better. Seynse’s advanced credit scoring algorithms based on multiple sources and digital analytics will add immense value to our innovation factory. We look forward to working with the passionate team of professionals at Seynse to bring targeted products and solutions to our 270 million plus customers.”

Seynse has built a proprietary credit engine and advanced machine learning capacity to serve customers. (Image- Airtel)

Also read- FLIPKART TIES UP WITH MICROSOFT AZURE FOR CLOUD PARTNERSHIP
Tags: AirtelBharti AirtelFintech StartupHarmeen MehtaSeynsestartup
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Chinmay Bidkar

Curious, Keen Observant & Dynamic! Chinmay finds peace in meeting people who work hard for humanity. He has new found interest in Gadgets and Techs and at Techstory he gets to write about it! Reach out at- [email protected]

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