CRM integration with AI, ML improves CX
Banking Frontiers|May 2023
Increasingly integrating marketing automation functionality into its CRM systems allows Credit Wise Capital to target and engage with potential customers more effectively:
CRM integration with AI, ML improves CX

Credit Wise Capital is a digital NBFC platform that leverages a qualitative decision mechanism to disburse consumer loans with a seamless and hassle-free experience for 2-wheeler loan seeker. The company leverages an offline sourcing model along with a new age of online sourcing to become a market leader in a very short time. It aims to disrupt the 2-wheeler lending market by deploying the right blend of tech-driven underwriting with an utmost focus on collections.

Founder Aalesh Avlani is passionate about technology and finance, and looks after tech, product and fund raising. Avlani is also a passionate investor with investments in 70+ companies including Bharat Pe, Rentomojo, Pee Safe, Dukaan, Flobiz, Liquiloans, Hyperface and many more. He completed his graduation from Questrom School of Business, Boston University.

Mehul Dani: During 2022, how has your CRM system adapted to the changing business/technology ecosystem?

Aalesh Avlani: With increased competition, we focus on personalization to stand out from the competition. As we deal with sensitive customer data, CRM systems focus on data security and privacy to ensure compliance with regulations and protect customer data. With the increasing use of smartphones and mobile devices among our target segment customers, our CRM systems have had to adapt to a mobile-first approach to provide a seamless customer experience (CX) across different devices. Total downloads of our app are 35,000, its total active users are 24,000, total users paying EMI on app are 10,000, total users playing quiz & games are 20,000 and number of total loans disbursed through app are over 5000.

This story is from the May 2023 edition of Banking Frontiers.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.

This story is from the May 2023 edition of Banking Frontiers.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.

MORE STORIES FROM BANKING FRONTIERSView All
Kamdhenu & Sammrudhi loans top rural customers
Banking Frontiers

Kamdhenu & Sammrudhi loans top rural customers

Unnayan Bharat Finance Corporation (UBFC) Director & Co-Founder Avneesh Trivedi shares the company's attempts to enhance the rural lending environment & deliver better services to its consumers:

time-read
3 mins  |
September 2023
It's going to be a 'world' of CBDCs
Banking Frontiers

It's going to be a 'world' of CBDCs

Practically, every central bank in the world is testing and readying a CBDC system:

time-read
8 mins  |
September 2023
Training for behavioral & social skills is key
Banking Frontiers

Training for behavioral & social skills is key

3 CHROs from the top BFSI companies in India open up about their training and motivation programs aimed at enhancing employee effectiveness. The story is divided into 4 parts: (i) functional and behavioral training, (ii) manager to leadership training, (iii) learning-based training, (iv) motivational programs:

time-read
9 mins  |
September 2023
THE AI COMPASS
Banking Frontiers

THE AI COMPASS

Artificial Intelligence has risen to be the hottest topic of discussion today. It is expected to impact everyone, and the impact could exceed that of war, global warming, supply chain disruptions, geopolitics, and much more.

time-read
10+ mins  |
September 2023
To mentor & coach emerging leaders
Banking Frontiers

To mentor & coach emerging leaders

Manish Shah, MD & CEO of Godrej Capital, outlines his focus areas today and in the future:

time-read
3 mins  |
September 2023
Innovation will unlock India's Mission 'Atmanirbhar’
Banking Frontiers

Innovation will unlock India's Mission 'Atmanirbhar’

Sunita Handa is Chairman, Toyota FSIN and Principal Advisor & TLAB Chairman, Protectt.ai Labs. She shares her current activities and her deep insights on innovaiton in an interaction with Manoj Agrawal:

time-read
6 mins  |
September 2023
Algorithm is the Boss
Banking Frontiers

Algorithm is the Boss

Irem Sayeed, Chief Credit Officer at U GRO Capital, dwells into business focus and modernization at the lender:

time-read
6 mins  |
September 2023
Fintech and Neobank under the same Umbrella
Banking Frontiers

Fintech and Neobank under the same Umbrella

It was started in 1902 to build what came to be called Israel:

time-read
3 mins  |
September 2023
Bajaj Allianz Revolutionizes Employee's HR and IT Experience with WhatsApp, MS Teams, Al and Automation
Banking Frontiers

Bajaj Allianz Revolutionizes Employee's HR and IT Experience with WhatsApp, MS Teams, Al and Automation

A productivity booster shot at BALIC:

time-read
2 mins  |
September 2023
Small Beginning for a Big Opportunity
Banking Frontiers

Small Beginning for a Big Opportunity

AMU Leasing's focus on serving the underserved market of individuals and fleets looking for financing for electric 3-wheelers and 2-wheelers:

time-read
3 mins  |
September 2023