Resollect Technologies Private Limited

Background

Company Overview

Resollect Technologies Private Limited, established on October 17, 2024, is a Bengaluru-based technology company specializing in debt recovery and collections. The company aims to address inefficiencies in the Indian banking sector's management of non-performing assets (NPAs) by leveraging artificial intelligence (AI) to streamline and automate debt recovery processes.

Mission and Vision

Resollect's mission is to revolutionize the debt recovery landscape by providing an AI-powered platform that enhances operational efficiency and ensures regulatory compliance for financial institutions. The company's vision is to create a seamless, end-to-end solution integrating all stakeholders in the debt recovery process, from banks to legal teams and recovery agencies.

Key Strategic Focus

Core Objectives

Automation of Debt Recovery Processes: Implement AI-driven solutions to automate complex recovery workflows, reducing manual tasks and compliance risks.

Comprehensive NPA Management: Offer a holistic approach covering all stages of the NPA lifecycle, from risk assessment to post-write-off recovery.

Regulatory Compliance: Ensure adherence to regulatory requirements, including those set by the Reserve Bank of India (RBI) and the Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest (SARFAESI) Act.

Primary Markets

Resollect targets financial institutions in India, including banks and non-banking financial companies (NBFCs), focusing on late-stage recovery and secured lending management.

Financials and Funding

Funding History

In June 2025, Resollect secured a pre-seed funding round led by venture capital firm Antler, with participation from strategic angel investors such as senior chartered accountant Mr. Sudhir Prabhu. The funding aims to enhance product offerings and expand service capabilities in NPA management.

Utilization of Capital

The capital raised is intended to:

Improve the AI-powered platform's features and functionalities.

Expand the company's service capabilities in managing NPAs.

Strengthen strategic alliances with legal and financial institutions.

Technological Platform and Innovation

Proprietary Technologies

Resollect's platform integrates AI-driven segmentation and risk ranking, allowing lenders to detect imminent problem loans before they become critical. The system's automated workflow capabilities eliminate up to 60% of manual tasks, ensuring real-time tracking and compliance.

Significant Scientific Methods

The platform includes a strategy builder tool that enables institutions to craft, implement, and fine-tune recovery strategies using an intuitive drag-and-drop interface. Ready-made templates alongside customizable parts ensure fulfillment of intricate regulatory demands while maintaining operational effectiveness.

Leadership Team

Key Executives

Abhishek Nagaraj, Director: Appointed on October 17, 2024.

Kunal, Director: Appointed on October 17, 2024.

Competitor Profile

Market Insights and Dynamics

The Indian banking sector faces significant challenges in managing NPAs, with over 80% of SARFAESI cases disputed by borrowers and recovery timelines extending over several years. This creates a demand for innovative solutions like Resollect's AI-powered platform.

Competitor Analysis

While specific competitors are not detailed in the available information, existing technology solutions in the financial services space primarily focus on consumer lending or early-stage collections. Resollect differentiates itself by addressing the underserved segment of late-stage recovery and secured lending management.

Strategic Collaborations and Partnerships

Resollect has established partnerships with legal and financial institutions to expand the platform's reach and effectiveness. These alliances aim to create a more transparent, efficient, and scalable recovery ecosystem.

Operational Insights

Competitive Advantages

Focus on Late-Stage Recovery: Unlike many fintech solutions that concentrate on early-stage collections, Resollect specializes in the more complex late-stage recovery processes.

Integrated Ecosystem: The platform connects fragmented players, including NBFCs, recovery agencies, and auction participants, building a foundation for a more transparent and efficient recovery ecosystem.

Strategic Opportunities and Future Directions

Resollect plans to continue refining its AI-powered platform, enhancing features like automated legal notice management, real-time case tracking, and a vendor marketplace. The company aims to expand its market presence by forming strategic alliances and addressing the evolving needs of India's financial sector.