TVS Motor Singapore has led a $7 million Series A funding in Scienaptic Systems, a New York City-based startup that provides big data analytics and related solutions through its platform. The investment, which is subject to appropriate regulatory approvals, is part of signed definitive agreements between the two companies.
Founded in 2014 by Pankaj Kulshreshtha, Scienaptic is an AI driven credit underwriting platform for sharpening customers’ credit decisions. Scienaptic has combined latest big data technologies and proprietary machine learning and artificial intelligence algorithms on its decision platform, “Ether.” Solutions built on Ether enable enterprises to improve risk and credit assessment, monitor evolving fraud patterns, and improve customer journeys and experience. Scienaptic counts several marquee Fortune 100 enterprises as its clients.Read Complete Article