Sumeru Enterprise Tiger Business Solutions Pvt. Ltd.

Sumeru Enterprise Tiger Business Solutions Pvt. Ltd. specializes in enhancing debt recovery efficiency through its innovative ENCollect platform, tailored for the Banking, Financial Services, and Insurance sectors. Founded in 2016 and headquartered in Bangalore, India, Sumeru Enterprise Tiger Business Solutions Pvt.

Ltd. focuses on providing advanced debt collection solutions. The company raised INR 138. 02 mn in July 2018 from Capital First Limited and other investors, achieving a current valuation of INR 2062.

29 mn. The CEO, Rekha Pillay, leads the company towards optimizing debt recovery processes in the BFSI industry. Sumeru Enterprise Tiger Business Solutions Pvt. Ltd.

primarily offers a transformative debt collection platform under the brand ENCollect, designed to enhance efficiency in debt recovery processes for the Banking, Financial Services, and Insurance (BFSI) sectors. The platform integrates advanced digital automation tools that facilitate end-to-end digital debt collections, enabling businesses to resolve delinquent portfolios quickly and cost-effectively. ENCollect's key features include a multichannel approach, which supports various collection modes, and a user-friendly interface that allows clients to implement the solution within a two-week timeframe. This service is particularly beneficial for financial institutions, credit providers, and other businesses seeking to optimize their debt recovery operations.

The company serves a global clientele, with notable presence in markets such as the United States and India, and boasts partnerships with over 35 channel partners across various regions. In the most recent year, Sumeru Enterprise Tiger Business Solutions Pvt. Ltd. generated a revenue of INR 774,500.

80, with an EBITDA of INR -998,833. 90. The revenue model revolves around subscription-based agreements with clients in the financial services sector, offering access to the ENCollect platform based on the scale of services utilized. Sumeru Enterprise Tiger Business Solutions Pvt.

Ltd. plans to leverage its recent funding of INR 138. 02 mn from July 2018 to enhance its product offerings and expand into new markets. The company is focused on designing additional features for the ENCollect platform, aiming for a release later this year.

Additionally, it is targeting expansion into markets beyond India and the United States, although specific regions and timelines are yet to be disclosed.