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Abhishek A.
Co-Founder & CEO, CreditVidya
Abhishek Agarwal is the Co-Founder and CEO of CreditVidya, a company based in Mumbai, India, that specializes in big data underwriting. Since its inception in October 2012, CreditVidya has focused on leveraging non-traditional data sources to assess the credit risk of individual borrowers, thereby facilitating access to credit for a broader segment of the population, particularly in tier 3 communities.134
Professional Background
Before founding CreditVidya, Abhishek Agarwal gained experience at various companies including Lollypop UI/UX Studio and Experian. His expertise lies in utilizing alternative data and advanced analytics to enhance credit scoring processes, which has positioned CreditVidya as a leader in the alternative credit scoring space in India.4
Education
Abhishek Agarwal is an alumnus of the London Business School, where he likely honed his skills in business management and entrepreneurship.1
Current Role
In his role as CEO, Agarwal is responsible for steering the company's strategic direction and overseeing its operations. Under his leadership, CreditVidya has developed innovative solutions that help banks and non-banking financial companies (NBFCs) underwrite loans for customers who may not have traditional credit histories.25
His journey reflects a commitment to improving financial accessibility through technology and data-driven solutions.
Highlights
It's a proud moment for all of us at CreditVidya- excited to announce the acquisition of CreditVidya (“CV”) by CRED. Cred is a market leader in its category and a fully digital platform with a mission to celebrate and reward credit-worthy individuals.
Joining forces with CRED will empower us to further invest in R&D capabilities, strengthen distribution and to rapidly scale PrefR, our embedded lending platform, - benefiting CV’s partners, consumers and lending community.
CRED and CV will operate independently with CV doubling down on its mission of making India an inclusive credit ecosystem.
I want to take a moment to look back on our journey as we get ready to move into an exciting future. Our story started with a 100 sq ft office behind a commercial market in Bombay. We have evolved from a financial literacy platform to an AI-powered alternative data underwriting engine and found the product market fit in PrefR. Today we are a 250+ member team and have grown 100x over the last two years.
Big salute to all my CV family for strong conviction in our mission and creating a great product. None of this would have been possible without our constant hustle to get things done, clear and honest communication, and working as one to overcome adversity.
Thankful to our investors who have backed us through this journey.
Finally big thanks to Kunal Shah, Miten Sampat and the CRED team for believing in CreditVidya.
Onwards and upwards
Rajesh Raju Vikram Vaidyanathan Rajat Agarwal Sanjay Jain shyam menon Navroz D. Udwadia Kunal Shah Miten Sampat Sahil Bhagtani Sagar Godbole Vinayak N Rajiv Raj Arun Amarnath Pochadri Ariga
Read more: https://lnkd.in/gXh67urc
CreditVidya launched it's embedded lending platform, PrefR last year. We started January 2021 with a humble beginning of $100k disbursals. After a year of launch, PrefR is estimated to do ~$100mn in annualized disbursals.
Numbers matter (over 100X growth). But what matters more is unparalleled learning, lifelong friendships, and YOUR TRIBE. I have learned to enjoy the process. Hustle satisfies my soul. #grateful
Happy new year everyone! These are some of the pictures from our new office opening.
Anshul Kheterpal Ajay Sahasrabuddhe Sarnaz Abubaker Ashish Khandelwal Anoop Slathia Shakti Agrawal Pulkit Trivedi Vishal Shroff Anantha Krishnan Sridhar Gopalakrishnan Anjaneya Prasad Prabhala Ankur T. Gaurav Jain
