Credgenics

Analog Legalhub Technology Solutions Pvt. Ltd. , trading under the name Credgenics, specializes in AI-driven debt collection solutions, enhancing operational efficiency for financial entities. Their platform integrates diverse functionalities to streamline recovery processes and improve borrower engagement.

Founded in 2018 and headquartered in Noida, India, Analog Legalhub Technology Solutions Pvt. Ltd. focuses on providing innovative debt recovery solutions. The company has successfully completed 6 deals, with its most recent deal occurring on August 9, 2023, when it raised USD 50.

00 mn in Series B funding led by Accel and WestBridge Capital, with participation from Tanglin Venture Partners and Venture Catalysts. The founders include Anand Agrawal, Mayank Khera, and Rishabh Goel. CEO roles are held by Alexis Ferrer, Anthony Wright, and Rishabh Goel. The total amount raised by the company stands at USD 50.

00 mn. Credgenics offers a comprehensive suite of AI-powered debt collection and resolution services aimed at enhancing the operational efficiency of financial institutions. The core product is its full-stack collections platform, which integrates various functionalities such as digital communications, predictive dialing, litigation management, and mobile collections applications. Each component works synergistically to streamline the end-to-end debt recovery process, improving borrower engagement and optimizing recovery rates.

The platform is designed for a wide range of clients, including banks, Non-Banking Financial Companies (NBFCs), Housing Finance Companies (HFCs), Microfinance Institutions (MFIs), fintech companies, and dedicated collection agencies operating in markets such as India, Indonesia, and beyond. Credgenics leverages advanced data analytics and machine learning to provide tailored solutions that meet the unique needs of its diverse clientele, thus aiming to solve problems related to delinquency management and debt recovery in a personalized and efficient manner. For the fiscal year 2023, Credgenics reported a revenue of USD 10,104,939. 50, with an EBITDA of USD -2,368,361.

90. The company operates a subscription-based revenue model, enabling partnerships with financial institutions and collection agencies. Clients typically engage with the platform through various service tiers, accessing specific modules such as automated digital communications, field collections software, and comprehensive litigation management tools. This approach aligns with Credgenics' goal of providing robust and scalable solutions tailored to client needs, thereby creating sustainable revenue streams through its offerings.

In August 2023, Analog Legalhub Technology Solutions Pvt. Ltd. secured USD 50. 00 mn in Series B funding to enhance its market reach and offerings.

The company is focused on expanding its services into new geographic regions, targeting markets in Southeast Asia and the Middle East by the end of 2024. Recent funding will be utilized to support product development, including the launch of new features aimed at improving user experience and operational capabilities.