VIVIFI India Finance Private Limited - Company Market Research Report

Company Overview

• Name: VIVIFI India Finance Private Limited

• Mission: To offer innovative financial products to customers across the credit spectrum, leveraging technology and data science, focusing on underserved/unserved customers.

• Founded: Registered on July 9, 2016

• Founders: Technocrats and career bankers with a collective experience of over 75 years in secured & unsecured retail lending.

• Key People:

• Anil Kumar Pinapala: Managing Director

• Jyoti Kumar Pandey: Independent Director

• Patrick Kishore Regulagadda: Director

• Srinath Kompella: Director

• Tina King Hodges: Director

• Uma Shanmukhi Sistla: Independent Director

• Vijayaraghavan Venugopal: Director

• Headquarters: Unit A, 9th Floor, MJR Magnifique, Survey No 75 & 76, Khajaguda X Roads, Raidurgam, Hyderabad, Telangana - 500008, India

• Number of Employees: No information is available

• Revenue: No information is available

• Known For: Non-banking finance company (NBFC) providing credit across the credit spectrum, especially to underserved consumers. Provides unique lending products such as FlexSalary and FlexPay enabled by AI-driven loan management systems.

Products

• FlexSalary

• Description: A flexible term loan designed for emergency financial needs.

• Key Features:

• Instant Loan Approval through proprietary loan approval algorithm.

• No collateral needed.

• Flexible repayments.

• Transparent process.

• Safe and Secure process.

• Interest Rate: 18% - 36.5% with an APR of 30% - 60%.

• Limits up to ₹3,00,000 with a tenure of up to 36 months.

• Example: Loan amount of ₹61,900 with a processing fee of ₹3,000 for a tenure of 36 months at 35% interest results in a total repayment of ₹1,05,041.

• FlexPay

• Description: A digital credit experience that acts as a payment application.

• Key Features: No detailed features provided.

• UDYAM Flex Loan

• Description: No detailed description provided.

• Key Features: No detailed features provided.

Recent Developments

• New Products Launched: No specific new products mentioned.

• New Features Added to Existing Products: No specific new features mentioned.

• New Partnerships: No information is available.

This report provides a comprehensive overview, highlighting the mission, key leadership, and product offerings of VIVIFI India Finance Private Limited, as well as its focus on utilizing technology and data science to improve financial product access for underserved consumers in India.