It started when our founders had a first-hand look at how lenders in developed economies used technology to streamline collections.

But we looked back to India, everything was done manually, or with the help of outdated software that just wasn't built to handle collections. NPA rates were soaring.

Loan management software were more focussed on underwriting, while debt recollected relied on aggressive agents, phone calls that never connected, and long legal battles.
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We had seen the impact improved collections could make—not just for lenders, but for the economy. We knew fixing loan recovery could transform lending.
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Somebody had to solve the problem. And we had the exact experience and skillset to do so. That's why we built Credgenics.
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Since then, we've helped over 60 lending companies improve their collection rates by 15-20%, and recover 70-95% of their bad debts.