Avatar for RedCarpet.CASH

Data driven Lending for purchase finance and installments. ML based Credit Scoring

Data driven Lending for purchase finance and installments. ML based Credit Scoring

RedCarpet is a next gen FinTech company for India that does instant credit scoring and enables purchase financing using advanced AI. We look at hundreds of variables, much beyond traditional credit models.
Using the RedCarpet App, consumers can get instant credit for shopping online - be it product purchase, travel, bill payments, entertainment etc.

We specialize in credit scoring and assessing credit risk of individuals who have never had a prior banking or credit history. Our ability to finance purchase requests scales exponentially with the network of individuals on our platform. Our credit scoring model is already performing with a high degree of accuracy.

We are already financing hundreds of purchase requests every week and scaling into thousands.

We are a YCombinator Summer 2015 startup.
Founder @redcarpetup-com • Strong analytics, marketing, ecommerce background • VP Marketing @Tradus.com, Director @Travelocity, @Sabre, • MS @University of Illinois, Urbana, Champaign, @Iit Delhi
Founder @ClearSenses Technologies, @RedCarpet.CASH • Previously Head of Technology at @PropTiger.com, @Tradus.com • IIT Bombay
Total raised

$120K

Funded over

1 round

Latest round

Seed (May 2015)

RedCarpet.CASH hasn't added any jobs yet