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Academic Innovations

Inclusive Fintech- Bridging The Gap in Communities through Order Financing

Innovator Details

Innovator
Dr. Deboraj Muchahary
Co-Developer / Co-Innovator
Dr. Anuj Kumar Shukla

About

The proposed solution empowers MFIs to utilize alternative data sources like digital transactions and social media presence for assessing business creditworthiness. It's mobile-based, granting businesses convenient access to credit via smartphones, with flexible repayment options. Technology enables fintech firms to revolutionize working capital management with automation, data analytics, AI/ML, cloud solutions, and mobile apps. These advancements enhance efficiency, accuracy, and speed, optimizing cash flows and bolstering financial performance for businesses.
Funding Organization
Funding Organization
Department of Science and Technology (DST)
Quick Information
TIH Name
IBITF, IIT Bhilai
Status
ongoing
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