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Avanti

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Fintech platform offering commercial micro loans for underserved households.

About

Avanti operates in the fintech sector, focusing on providing commercial micro loans to underserved households in India. The platform employs technologies such as artificial intelligence and big data analytics to evaluate risk and expedite loan decisions, addressing issues related to limited access to credit. Avanti targets small businesses and individuals who may not meet the criteria for traditional loans, offering a digital platform that aims to enhance financial inclusion through co-created products and localized innovation. The application process is designed to be streamlined, and repayment terms are customized to align with users' cash flow patterns, which may assist in meeting their growth and operational requirements.

Key facts

Founded
2016
Headquarters
Bengaluru, India
Tags
  • Unbanked and Financial Inclusion

Business model

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Avanti: quick answers

What does Avanti do?
Avanti operates in the fintech sector, focusing on providing commercial micro loans to underserved households in India.
Where is Avanti headquartered?
Avanti is headquartered in Bengaluru, India.
When was Avanti founded?
Avanti was founded in 2016.
Which sector is Avanti in?
Avanti operates in Digital Lending, part of Financial Technology.
Who are Avanti's competitors?
Companies similar to Avanti include Numida, PRAVALER, and KreditBee.