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Raghunandan, founder of TaxiForSure joins Scienaptic Board
Raghu is the Founder and ex-CEO of TaxiForSure, a taxi-aggregator that revolutionized India's urban commute and was eventually acquired by Ola. Having successfully built and scaled a product driven business in a very short span, Raghu brings in a wealth of experience in architecting and scaling technology led solutions.
"Raghu's experience with early age start-ups and scaling them will prove to be critical at this stage of Scienaptic's growth. Every interaction with him is full of insights and ideas, no wonder he is one of the top 40 leaders under 40 in India. I am really looking forward to working with him as we move to the next growth phase at Scienaptic" said Pankaj Kulshreshtha, CEO of Scienaptic.
"I feel Scienaptic has brought together a solid leadership team and the team has identified a big opportunity area in financial services. There is a massive opportunity to increase credit availability across the globe. I am looking forward to sharing my experiences with the Scienaptic leadership team and support their exciting journey" Raghu said.
Scienaptic is an AI driven credit underwriting platform company. Its platform, Ether Underwrite is creating industry leading improvements such as higher application approvals (8-15%) and lower credit losses (10-25%) with all the regulatory explainability (model explainability, FCRA compliant adverse action reasoning and SR 11-7 compliance) vis-à-vis competition. Scienaptic uses regulatory compliant alternate data, raw trade line level bureau data and AI to help banks find newer segments of customers.