Artificial Intelligence and Machine Learning Platform Metis Intellisystems is a BFSI-focused application that has secured Rs 1.3 crore in its pre-series A funding round from Inflection Point Ventures. The startup plans to use this funding amount to expand its network, build more innovative solutions, discover local and global outreach avenues, and optimize the use cases.
The company offers a platform that uses Machine learning and Artificial Intelligence to develop solutions by capitalizing on, triangulating, and using various sources for information. The startup claims to offer a comprehensive and detailed understanding of the customer while enhancing the accuracy and effectiveness of financial technology solutions. The firm offers QANAT, an advanced decision
making platform that analyzes bank statements and GST data accurately. Metis Intellisystems has secured deals with various domestic and international financial institutions.
The partner at IPV, Vikram Ramasubramanian mentioned that credit availability is increasing with the increase in economy and this makes credit decision-making more important and robust. Data science and artificial intelligence play a key role in credit decision-making. These existing applications help lenders make credit decisions but they often fail to adapt to the ever-changing credit landscape and this is where Metis came into existence. This application offers more accurate and precise Data analytics to give early warning system alerts.
The CEO of Metis Intellisystems, Dr. Khushru said that the startup is aiming to revolutionize the fintech sector using its cutting-edge ML and AI technologies. The company focuses on developing high-tech and advanced solutions for decision-making and replacing them with manual methods. The digital lending sector is predicted to grow and reach a valuation of 270 million USD to 1.3 trillion USD by FY30. This opens more opportunities and potential for the growth of Meti Intellisystems.
Conclusion
An Online digital decision-making platform Metis Intellisystems has secured Rs 1.3 crore in its funding round. The round had the participation of several investors and was led by Inflection Point Ventures. The company plans to use this funding amount to expand its network, build more innovative solutions, discover local and global outreach avenues, and optimize the use cases. The startup claims to offer a comprehensive and detailed understanding of the customer while enhancing the accuracy and effectiveness of financial technology solutions.
The firm offers QANAT, an advanced decision-making platform that analyzes bank statements and GST data accurately. Metis Intellisystems has secured deals with various domestic and international financial institutions. . Data science and artificial intelligence play a key role in credit decision-making. These existing applications help lenders make credit decisions but they often fail to adapt to the ever-changing credit landscape and this is where Metis came into existence.
This application offers more accurate and precise Data analytics to give early warning system alerts. The company intends to use this amount to scale up its operations, expand to the global market, and advance its technology. The firm aims to revolutionize the fintech sector using its cutting-edge ML and AI technologies.
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