Project Foxbat

  • Jhunjhunu, India
  • FinTechPersonal Finance, Big Data, Financial Services, Marketplace, SaaS

Our products will help lenders serve bigger markets and assess more borrowers in a lot less time.

Founded:
2015
Stage:
Beta Launched
Market:
B2B

Startup Video

Featured


Founded

Founders started working on the problem identified.

Jun

2015

Founded

Vitt llc registered in Delaware,US.

Aug

Prototype Formed

Prototype for both business and personal lending model formed

Oct

Model released

Personal lending model released to be tested by invite only

Dec

New Product Release

Business lending model, blenx released as desktop application

Mar

2016

New Product Release

Personal lending model, Kapytl.com released in beta

Apr

Jobs


Team Summary

We are positioning our algorithms both as a B2B and B2C product.
Our team has a prior experience in these segments as well. Hemant previously founded finrek, with some 300 agents; Bharat had co founded Chicago based food startup mehungry while Vivek & Bharat were a part of B2B financial product centered companies

Team


Product/Service Summary

Under our company, we have 2 proprietary algorithms, each for business and personal lending. Both of our algorithms are highly automated and comprehensive, take away manual errors out of underwriting and were developed to include more people and deserving businesses under the previews of Institutional financing. Business lending to be at blenx.in

How are we different?

Both of our products are very innovative and first for Indian markets.
Our personal lending model has 4 algorithms running in parallel, out of which 2 have been integrated and deployed on Kapytl.com
The model's underwriting abilities are bank level and has a turn around time of a few seconds.
Business lending model takes 4 minutes to assess.

Product/Service Descriptions