Andromeda Pvt Ltd, one of India\u2019s largest\u00a0loan distributors,\u00a0announced\u00a0a\u00a0strategic alliance with Biz2Credit, a\u00a0US-based\u00a0leading\u00a0online fintech marketplace and platform for business funding. The collaboration will facilitate\u00a0Andromeda\u00a0to\u00a0leverage Biz2Credit\u2019s financial services technology and patented analytics platform to deliver an innovative and convenient lending experience for borrowers in India.<\/p>\n
As India\u2019s leading loan consultancy, which has disbursed loans worth Rs 13,000 Crore last year and is aiming at disbursal of loans worth Rs 18,000 Crore in current financial year,\u00a0Andromeda has been steadfast in its mission of providing\u00a0customized solutions\u00a0to consumers, efficiently\u00a0and\u00a0effectively. The\u00a0alliance with Biz2Credit is an important\u00a0milestone\u00a0in\u00a0this\u00a0direction.\u00a0The broad range of lending choices and streamlined processes Biz2Credit currently delivers to borrowers is unparalleled in the US market. The collaboration\u00a0will\u00a0enable the company to offer a similar basket of services in India\u00a0through Andromeda\u2019s\u00a0expansive sales network.<\/p>\n
Further, Biz2Credit will add to\u00a0the\u00a0organization\u2019s efficiencies through its hyper-digitalized module. The\u00a0platform will\u00a0enable borrowers\u00a0to complete all documentation\u00a0pertaining to\u00a0the loan application steps digitally.\u00a0Also, loan approval\u00a0will become much faster\u00a0owing\u00a0to\u00a0the\u00a0seamless integration with a growing list of lenders already integrated on the platform.\u00a0In addition, borrowers\u00a0receive real-time updates\u00a0on the status of their applications through the online dashboard.<\/p>\n
\u00a0V Swaminathan,\u00a0Founder and\u00a0CEO, Andromeda, said, \u201cAndromeda has been a disruptor since its inception. Thinking ahead of the curve is in our DNA and setting new benchmarks is a constant practice. The alliance with Biz2Credit is a result of the same ethos: we have come together to disrupt\u00a0lending\u00a0markets\u00a0in India for better customer service\u00a0levels. The partnership will witness Andromeda leverageBiz2Credit\u2019s patented technology\u00a0for its expansive\u00a0network\u00a0in India. The result will unveil the next phase of growth in India\u2019s\u00a0commercial lending\u00a0space.\u201d<\/p>\n
\u201cThe collaboration with Andromeda marks our entry into the Indian markets and is an important milestone for Biz2Credit. The alliance with one of the most trusted names in the commercial lending segment will create significant value for the customer. Further, the opportunity will provide a quality exposure to the country\u2019s largest borrowers base in the commercial sector,\u201d said\u00a0Rohit Arora, CEO & Co-founder, Biz2Credit.<\/p>\n
Commenting on the collaboration,\u00a0Suresh Mahalingam Director, Andromeda,\u00a0said, \u201cOur industry leadership is a result of the exemplary service levels rendered by our team. However, as the industry evolves, an offline customer strategy alone cannot respond to intensifying competition. It is imperative for organizations to have a smart digital customer support strategy. The collaboration with Biz2Credit will plug this gap in our service strategy and further sharpen our competitive edge by providing 24X7, mobile-responsive service support to customers\u201d.<\/p>\n","protected":false},"excerpt":{"rendered":"
Andromeda Pvt Ltd, one of India\u2019s largest\u00a0loan distributors,\u00a0announced\u00a0a\u00a0strategic alliance with Biz2Credit, a\u00a0US-based\u00a0leading\u00a0online fintech marketplace and platform for business funding. The collaboration will facilitate\u00a0Andromeda\u00a0to\u00a0leverage Biz2Credit\u2019s financial services technology and patented analytics platform to deliver an innovative and convenient lending experience for borrowers in India. As India\u2019s leading loan consultancy, which has disbursed loans worth Rs 13,000 […]<\/p>\n","protected":false},"author":3,"featured_media":2141,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[31],"tags":[1747,1746],"class_list":["post-2140","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-andromeda","tag-biz2credit"],"aioseo_notices":[],"yoast_head":"\n