logo
Poonawalla Fincorp adopts AI solutions for its digital transformation

Poonawalla Fincorp adopts AI solutions for its digital transformation

Poonawalla Fincorp announced the deployment of four AI-led solutions, comprising one Agentic AI solution and three AI-powered systems, as part of its enterprise-wide digital transformation journey. These include an Agentic AI powered Data Quality Index (DQI), an Infrastructure Management Solution, a proprietary Fin-Bot for financial intelligence, and an AI-led Invoice Management System, all aimed at enhancing speed, precision, and scalability across key business functions.
These deployments reflect PFL's continued shift toward building an organisation where AI becomes foundational to how the business operates and scales. Rather than solving in silos, the company is focused on deploying systems that can learn, adapt, and deliver impact across functions, from risk and compliance to infrastructure and finance. Each solution is designed to simplify complexity with clarity, and accelerating the company's ambition to lead as a digitally confident, operationally agile NBFC.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Darwinbox raises $40 million from Canada's TVG
Darwinbox raises $40 million from Canada's TVG

Time of India

time2 days ago

  • Time of India

Darwinbox raises $40 million from Canada's TVG

Representative image HYDERABAD: HRTech startup Darwinbox has raised US$40 million (approx. Rs 350 crore) from Teachers' Venture Growth (TVG), which is the late-stage venture and growth investment arm of Ontario Teachers' Pension Plan. With this fundraise, TVG has acquired the stake in the Hyderabad-based startup through primary and secondary transactions. The latest round comes less than six months after Partners Group and KKR led a $140 million funding round, which largely included a secondary fundraise in which some of the early investors (prior to Series-A) offloaded a portion of their stake and a small primary fundraise. Apart from KKR and Partners Group, Darwinbox also has investors such as Microsoft, Salesforce, Peak XV, Lightspeed, and TCV. The Hyderabad-based startup said the funding will enable it to fuel its Agentic AI-led innovation and global expansion plans, especially in the North American market, where it claims its has grown 3X year-on-year since its entry in 2022. Commenting on the reasons for investing in the startup, Darius Vakil, director, TVG India, said their investment will help Darwinbox leverage TVG's global network and expertise to support its future growth as it drives adoption across large enterprises globally. Darwinbox co-founder Jayant Paleti said the TVG investment will help the company scale to the next stage. 'HR tech, when done right, can unlock outsized value for every enterprise, yet the old guard of HCM vendors still falls short of that leap. Darwinbox exists to change that story, building the next-gen HCM company, global by design, AI‑first at the core, and relentlessly focused on customer outcomes', he added. Stay informed with the latest business news, updates on bank holidays , public holidays , current gold rate and silver price .

Apna.co launches job-posting-integrated multilingual AI calling agent
Apna.co launches job-posting-integrated multilingual AI calling agent

Time of India

time3 days ago

  • Time of India

Apna.co launches job-posting-integrated multilingual AI calling agent

has unveiled what it claims is the country's first job-posting-integrated, multilingual AI Calling Agent . The AI Calling agent is said to be built on Apna's Blue Machines Agentic-AI stack. The company said that this AI-powered solution conducts round-the-clock interviews in Hindi, English, and other regional languages, using advanced voice analytics to assess and shortlist top talent instantly. Unlike traditional chatbots or email-based systems, Apna's AI Calling Agent claims to customizes interview to match the employer's job post and brand tone. It auto-generates role-specific questions, conducts live voice interviews, scores responses in real time, and follows up via calls, WhatsApp, and Email. Nirmit Parikh, Founder & CEO of said, 'Hiring is more than just filling roles - it's about shaping the future of India. India's recruiters spend countless hours chasing calls instead of meeting qualified candidates. That's the gap we set out to bridge. We built the AI Calling Agent under our proprietary Agentic AI stack, Blue Machines, to deliver enterprise-grade automation that's affordable, regional, and simple to use. By embedding our AI Calling Agent directly into every job post, we're putting Fortune 500-level technology into the hands of lakhs of MSMEs and enterprises across India. Employers can now focus on the human conversations that matter—while our agent handles the rest. This is the beginning of a new era in recruitment - fast, intelligent, and built for Bharat.' Karna Chokshi, COO of added, 'Building a DIY stack across job portals, dialers, speech AI, scoring engines, and CRMs is both expensive and technically complex. With Apna, we've unified sourcing and AI-driven screening into a single seamless workflow - no integrations, no third-party tools, no extra effort.'

Bajaj Finance MD Rajeev Jain best paid NBFC top exec in FY25
Bajaj Finance MD Rajeev Jain best paid NBFC top exec in FY25

Economic Times

time3 days ago

  • Economic Times

Bajaj Finance MD Rajeev Jain best paid NBFC top exec in FY25

Synopsis Rajeev Jain of Bajaj Finance led NBFC executive compensation in fiscal 2025, with earnings exceeding ₹65 crore and a total package surpassing ₹105 crore including stock options. Arvind Kapil of Poonawalla Fincorp followed with ₹45.7 crore plus valuable ESOPs. Bajaj Finance MD Rajeev Jain Mumbai: Bajaj Finance managing director Rajeev Jain emerged as the highest-paid top executive of a non-banking finance company in fiscal 2025 with a total package exceeding ₹65 crore. Including employee stock options worth ₹40 crore, his overall earnings crossed ₹105 crore for the year, according to the lender's annual report. Arvind Kapil, MD of Poonawalla Fincorp, was the second-highest paid, earning ₹45.7 crore, along with Esops that, at current market prices, are valued at more than ₹36 crore. Shriram Finance executive vice-chairman Umesh Revankar ranked third with a salary of ₹23.8 crore. Ravindra Kundu, CEO of Cholamandalam Investment, earned ₹6.47 crore, while Hitesh Sethia, MD of Jio Financial Services, received ₹6.39 crore. ET in its edition dated July 17 reported that HDFC Bank MD and CEO Sashidhar Jagdishan was India's highest-paid banker in FY25. He drew a salary of more than ₹12 crore, a 12% increase from the previous year, and was allotted 212,052 employee stock options valued at over ₹42.4 crore at current market price. ICICI Bank CEO Sandeep Bakhshi took home a salary of ₹10.45 crore. He was also awarded Esops of 254,100, worth more than ₹36 crore at current market price. Amitabh Chaudhry, MD and CEO of Axis Bank, earned ₹9.11 crore, a 5.4% decline from the previous year, and was allotted 259,429 stock options valued at over ₹30 crore. Kotak Mahindra Bank MD and CEO Ashok Vaswani took home nearly ₹13 crore in salary and was granted 18,580 Esops valued at more than ₹4 crore.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store