SKOCH Summit - Introduction to Namaste Credit June 2019 Leadership - - PowerPoint PPT Presentation

SKOCH Summit - Introduction to Namaste Credit

June 2019

LUCAS BIANCHI, CFA – CO-FOUNDER & DIRECTOR

• Built and sold outsourcing firm CopalAmba to Moody’s for $500M
• Analyzed and financed tech companies worth $1B+
• BA Economics, Dartmouth College

GAURAV ANAND, CFA, FRM – CO-FOUNDER & DIRECTOR

• Analyzed and priced several Billion USD portfolios at Credit Suisse,

HSBC, GE Capital & Moody’s

• MBA from NMIMS, Bombay

KRISHNAN PARAMESWARAN – CTO

• Lead high performance teams that built software products for GE,

ThoughtWorks & MentorWare

• Six Sigma Green Belt certified
• BE Electronics & Communications, Bangalore

Leadership Team

Introduction to NC

Namaste Credit is a leading Indian fintech company focused on loans to SMEs. Founded in 2014, the company’s platform improves the entire loan process from application to underwriting. NC operates two business lines: ➢ Discovery: An SME-focused loan marketplace that originates and matches borrowers, financial advisors and institutional lenders across India ➢ iCAM Credit Assessment: A SAAS-based loan processing & underwriting platform that is licensed by lenders to automate their loan applications and document processing

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NC Key Facts

➢ Supporting MSME Financing: 10,000+ small businesses engaged to date ➢ Aggregator with Scale: INR 100+ Cr. / month disbursed on discovery platform ➢ Broad Lender Engagement: 60+ of India’s leading FIs adopted NC for sourcing and underwriting ➢ Bank & NBFCs platform licencing: Process 5,000+ credit assessments / month for lender partners ➢ Creating Entrepreneurs: 7,000+ channel partners signed up across India

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Our Core Values

• Data Not Available / Difficult to Access

Challenge

• Democratize the data. Create Framework for User-controlled

consent-based access to all their data Proposed Regulatory Solution

Challenge & Solution - 1

✓ KYC, Banking, Bureau, ITR, PF, GST, Property, etc. ✓ Diverse systems that are not accessible ✓ Example: Open API Access to GST on User Consent

• Credit market severely challenged

Challenge Proposed Regulatory Solution

Challenge & Solution - 2

✓ Liquidity crisis, Concentrated market is consolidating further, Heavy regulatory oversight ✓ Significant friction for new loans as well as balance transfers – Fees, processes, eligibilities

• Create backstops & grease the wheels. Create a mechanism

to backstop creditworthy portfolios. Support lenders to expand the base and increase competition ✓ No foreclosure fees on ALL loans

• Tax regime is too complex – especially for SMEs

Challenge Proposed Regulatory Solution

Challenge & Solution - 3

✓ GST, TDS, ITR, PF, ESI, PT, etc… ✓ GST alone has added huge complexity and tax burden

• Simplify the tax code and processes for complying

✓ GST should paid based on fund received, not invoices

Thank you for your time. Join us today!

Email Website Phone Corporate Office inquiries@namastecredit.com www.namastecredit.com 80808 09068 # 5, Crimson Court, Ground Floor and First Floor, Jeevan Bima Nagar Main Road, Bengaluru, Karnataka, India 560075 : : : :