Inditrade Continues To Make Advancements On Scienaptic's AI-Powered Credit Decisioning Platform

Deployment of Customized Scorecards to Enhance Credit Decisioning
By: Scienaptic Systems
BANGALORE, India - Oct. 18, 2022 - PRLog -- Leading global AI-powered credit decisioning platform provider Scienaptic AI announced today that Inditrade Capital, one of India's fastest growing digitally enabled financing, insurance, and rural marketing enterprise has completed implementation and is live on its platform. This deployment will allow faster and better loan decisioning and approvals to increase credit access to the Micro Small and Medium Enterprises (MSME) sector in India.

Inditrade Capital leverages technology to enable progress for the under-served and marginalized. With an aim to create a sustainable social impact at the grass-root level of India's enterprise ecosystem, Inditrade through its MSME Finance vertical – InCash, has lent over 28B INR in cumulative loans to over 400,000 customers. Inditrade offers a Phygital channel to ensure last-mile connectivity. Using Scienaptic's platform Inditrade has deployed customized scorecards that use credit bureau data, demographic data, financial and banking data, and GST information. Inditrade has also configured its credit decisioning rules and policies on the Scienaptic platform, thereby automating its entire underwriting process.

"Our goal at Inditrade is to facilitate progress for the MSME sector in India that has limited access to financial assistance," said Abhishek Mehra, Business Head, InCash - MSME Finance. "Scienaptic's platform helps us make accurate decisions, reduce the turnaround time, drive higher approvals, and minimize risk. The end-to-end automation of our underwriting process increases our efficiency and allows us to provide timely and personalized assistance to small and medium-sized businesses."

Correspondingly, Joydip Gupta, APAC Head of Scienaptic, said, "Inditrade is an industry leader in MSME financing, and we are excited that they are taking advantage of Scienaptic's credit underwriting platform. This deployment further strengthens our relationship. Our industry-tested AI-based scorecards are helping Inditrade increase approvals, reduce defaults and enhance customer experience all at once."

About Scienaptic
Scienaptic's mission is to increase credit availability by transforming credit decisioning technology. Whether credit union, bank, or fintech, Scienaptic's credit decisioning platform enables lenders to constantly improve their underwriting decisions, reaching more borrowers, including underserved individuals, and say "yes" more often, without increasing risk while addressing all Regulatory aspects. For more information, visit

About Inditrade Capital
Inditrade Capital Limited is a digitally-driven enterprise that seeks to leverage technology to serve the under-served and marginalized. With a mission to 'enable progress' at the individual, community, and national level, it aims to create a sustainable social impact at the grass-root level of India's ecosystem.

Through a combination of digital reach plus brick and mortar outlets, the group has a fast-growing presence across the country. Industry experts with sound technological experience and a proven track record of launching businesses spearhead the different group businesses. For more information, visit

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