Metis Intellisystems, a company specializing in AI and ML-driven decision-making for the BFSI sector, has raised Rs1.3 crore in a funding round led by Inflection Point Ventures. The capital will be used to enhance their innovative solutions, optimize strategic deployment, and expand their market presence both domestically and internationally.
Led by CEO Khushru F. Doctor and CPO Amit Saraswat, Metis leverages advanced data science techniques to improve credit decision-making processes. Khushru, who has over 30 years of experience and holds qualifications in MCA, former CISA, CSM, PMP, and a Diploma in Innovation and Design Thinking, leads the company. Amit, with a PhD in “Advanced Statistical Methods” and a degree from IIT Roorkee, has over 20 years of experience and was the first Data Scientist at LendingKart. Their team also includes Mahima Dwivedi, an expert in International Business Development.
Vikram Ramasubramanian, Partner at Inflection Point Ventures, highlighted the importance of robust credit decision-making for economic growth. He pointed out that Metis stands out by addressing the evolving credit landscape with agile data analytics and early warning systems, differentiating them from existing solutions.
Metis' expertise in AI and ML has enabled them to develop a unique capability for cross-referencing data from multiple sources, providing a comprehensive understanding of customers and enhancing the precision of fintech solutions. CEO Khushru F. Doctor stated that Metis aims to revolutionize the fintech industry by replacing outdated technologies with intelligent decision-making systems.
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