Latest news with #GenAI-first
Business Standard
4 days ago
- Business
- Business Standard
Perfios Launches CAM AI, Powers 85% Faster Underwriting
BusinessWire India Bengaluru (Karnataka) [India], August 13: India's leading B2B SaaS TechFin, has unveiled CAM AI, an AI-powered credit underwriting platform that is transforming lending operations across banks and NBFCs globally. Tailored for complex credit assessment, CAM AI reduces underwriting turnaround time by up to 85%, compressing multi-day credit assessment processes into just hours, enabling banks and NBFCs to process up to 2X more loan applications with existing teams. Built on top of Perfios' trusted AI/ML models and enriched with its proprietary GenAI and agentic tooling, CAM AI delivers specialised intelligence at scale. By fusing domain-specific LLMs, RAG pipelines, and agentic algorithms, the platform performs expert-level credit analysis, autonomously extracting, interpreting, and reconciling data across financial documents in real time. Traditional underwriting, especially for high-value loans like business loans, home loans, and loans against property, requires skilled credit analysts to manually triangulate across statements, GST filings, bank data, and financial ratios. This results in bottlenecks that hurt both lenders and borrowers- especially small and medium enterprises (SMEs), for whom timely access to capital is business-critical. CAM AI replaces weeks of manual processing with hours of intelligent automation, transforming Credit Assessment Memo generation into a real-time, audit-ready workflow. "Earlier, only a few hundred expert analysts had the skills to perform complex triangulation, like reconciling GST sales with bank deposits to flag collection issues, across thousands of loan applications," said B Krishna Chaitanya, Chief Product Officer at Perfios. "CAM AI now performs this level of expert credit scrutiny autonomously and at scale, delivering expert-level analysis without compromising accuracy." Deployed by 50+ institutions across India, SEA and MENA, CAM AI processes over 5 million transactions per month. It applies embedded credit policies to deliver policy-aligned, explainable risk assessments while maintaining complete traceability to every document, number, and source, solving a core challenge in AI adoption within regulated financial services. "We've architected CAM AI specifically for the demands of regulated financial environments," said Sumit Nigam, Chief Technology Officer at Perfios. "While we use large language models for advanced reasoning, we layer them with specialised engines for financial calculations, document verification, and regulatory compliance. Every insight is backed by source traceability, analysts can see exactly which document led to which conclusion. This hybrid approach delivers audit-ready reliability, analytical depth, and safeguards against the unpredictability of generic LLMs." CAM AI integrates seamlessly into Perfios' broader ecosystem, turning legacy workflows into GenAI-first, intelligent decisioning engines. With real-time financial analysis, contextual business logic, and autonomous document understanding, the platform ensures even junior analysts can operate at the level of a seasoned credit veteran, driving consistency, speed, and scalability across lending teams. Perfios recently also unveiled its Gen AI powered intelligence stack comprising four solutions that are transforming the BFSI industry by increasing the operational productivity upto 3x.
News18
4 days ago
- Business
- News18
Perfios Launches CAM AI, Powers 85% Faster Underwriting
Increases loan processing capabilities in Banks and NBFCs by up to 2X Bengaluru, Karnataka, India – Business Wire India India's leading B2B SaaS TechFin, has unveiled CAM AI, an AI-powered credit underwriting platform that is transforming lending operations across banks and NBFCs globally. Tailored for complex credit assessment, CAM AI reduces underwriting turnaround time by up to 85%, compressing multi-day credit assessment processes into just hours, enabling banks and NBFCs to process up to 2X more loan applications with existing teams. Built on top of Perfios' trusted AI/ML models and enriched with its proprietary GenAI and agentic tooling, CAM AI delivers specialised intelligence at scale. By fusing domain-specific LLMs, RAG pipelines, and agentic algorithms, the platform performs expert-level credit analysis, autonomously extracting, interpreting, and reconciling data across financial documents in real time. Traditional underwriting, especially for high-value loans like business loans, home loans, and loans against property, requires skilled credit analysts to manually triangulate across statements, GST filings, bank data, and financial ratios. This results in bottlenecks that hurt both lenders and borrowers- especially small and medium enterprises (SMEs), for whom timely access to capital is business-critical. CAM AI replaces weeks of manual processing with hours of intelligent automation, transforming Credit Assessment Memo generation into a real-time, audit-ready workflow. 'We've architected CAM AI specifically for the demands of regulated financial environments," said Sumit Nigam, Chief Technology Officer at Perfios. 'While we use large language models for advanced reasoning, we layer them with specialised engines for financial calculations, document verification, and regulatory compliance. Every insight is backed by source traceability, analysts can see exactly which document led to which conclusion. This hybrid approach delivers audit-ready reliability, analytical depth, and safeguards against the unpredictability of generic LLMs." CAM AI integrates seamlessly into Perfios' broader ecosystem, turning legacy workflows into GenAI-first, intelligent decisioning engines. With real-time financial analysis, contextual business logic, and autonomous document understanding, the platform ensures even junior analysts can operate at the level of a seasoned credit veteran, driving consistency, speed, and scalability across lending teams. Perfios recently also unveiled its Gen AI powered intelligence stack comprising four solutions that are transforming the BFSI industry by increasing the operational productivity upto 3x. About Perfios Founded in 2008, Perfios is a global B2B SaaS company serving the Banking, Financial Services and Insurance industry in 18 countries, empowering 1000+ financial institutions. Through their pioneering software platforms and products, Perfios helps financial institutions to take big leaps by shaping their origination, onboarding, decisioning, underwriting and monitoring processes at scale and speed. Perfios delivers 8.2 billion data points to banks and financial institutions every year to facilitate faster decisioning and significantly accelerates access to credit and financial services for their clients' customers. Headquartered in Bangalore, with offices worldwide and with 75+ products and platforms, and over 500+ APIs, in Perfios, their clients have a confident and a robust start-to-end tech platform. (Disclaimer: The above press release comes to you under an arrangement with Business Wire India and PTI takes no editorial responsibility for the same.). PTI PWR PWR view comments First Published: August 13, 2025, 16:30 IST News agency-feeds Perfios Launches CAM AI, Powers 85% Faster Underwriting Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
Time of India
10-07-2025
- Business
- Time of India
UNLEASH leads USD 1.6mn investment in GenAI-powered fintech infra startup Neurofin
Academy Empower your mind, elevate your skills UNLEASH Capital has announced its lead investment in a $1.6 million seed funding round for Neurofin, a GenAI-first enterprise platform that is driving operations and compliance automation across India's banking and financial services (BFSI) sector. The funding round also saw participation from investors such as Pentathlon Ventures, Fintech Yatra, and Antler, underscoring strong confidence in Neurofin's mission to modernise and streamline financial infrastructure with cutting-edge generative AI technologies. Neurofin is transforming the operational backbone of the BFSI sector using a modular suite of AI-powered agents that automate documentation, audits, compliance, and fraud checks— enabling same-day disbursal of complex secured loans that traditionally take up to seven days."We are thrilled to partner with Vijay and the Neurofin team on their journey to build India's category-defining GenAI infra company in banking," said Natsuki Sugai, Managing Partner at UNLEASH Capital . "At a time when financial institutions are struggling with legacy systems and rising compliance pressure, Neurofin's intelligent agents are redefining what operational efficiency and auditability can look like," he in May 2024 and headquartered in Bengaluru, Neurofin is already working with marquee clients like Tata Capital, Muthoot Fincorp, and Jio Payments Bank. The company is on track to scale to $3 million in annual revenue by FY26 based on current offerings alone.'We believe operations is the final frontier for fintech innovation,' said Vijay Makhijani, Founder and CEO of Neurofin. 'With UNLEASH's backing, we'll double down on product expansion and distribution, enabling financial institutions to serve more customers, faster and with greater compliance confidence.'Neurofin's platform targets a large market for documentation and operations automation in India's secured lending industry, with a total addressable market of over $850 investment is part of its thesis on backing category-creating, tech-led infrastructure startups in large but under-digitised sectors.
Time of India
09-06-2025
- Business
- Time of India
More than prompts: How the Professional Certificate Programme in Generative AI and Machine Learning prepares you for the future of work
In 2019, a software engineer built a tool that could generate poetry. Today, similar tools are writing code, forecasting markets, composing music, diagnosing diseases, and transforming industries in ways once reserved for science fiction. From behind-the-scenes automation to customer-facing innovation, Generative AI and Machine Learning (ML) have moved from experimentation to mission-critical execution. Yet, amid this explosion of AI capabilities, one myth persists—that GenAI is just about feeding prompts into a chatbot. In truth, it is about reshaping how businesses operate, decisions are made, and innovation is delivered. For professionals looking to ride this wave rather than be swept away by it, the Professional Certificate Programme in Generative AI and Machine Learning by IITM Pravartak offers the perfect launchpad. This programme is built for ambitious minds aiming to master intelligent systems, leverage GenAI across domains, and future-proof their careers. Designed by the leading technology minds at IITM Pravartak , it empowers learners to build deep, applicable knowledge in AI's most transformative domains, from large language models to computer vision and beyond. GenAI is not the future, it is the PRESENT The AI economy is growing at breakneck speed. PwC estimates that AI could inject $15.7 trillion 1 into the global economy by 2030, while there are forecasts that over 80% of enterprises 2 will have implemented GenAI solutions in live environments by 2026. Meanwhile, reports also show a significant spike 3 in job postings for AI/ML specialists in the last four years, with demand for GenAI-focused roles soaring the fastest. These are not just statistics, they are signals of a tectonic shift. Business transformation is being led by those fluent in GenAI and ML. The opportunity? Massive. The risk of inaction? Even greater. That's why the Professional Certificate Programme in Generative AI and ML by IITM Pravartak is more than timely—it is essential. Inside the Professional Certificate Programme in Generative AI and ML by IITM Pravartak: Your launchpad to AI mastery Curated by the esteemed faculty of IIT Madras and powered by IITM Pravartak, the cutting-edge technology innovation hub funded by the Department of Science and Technology, Government of India, this programme is not just academic. It is deeply industry-aligned. With Emeritus delivering a world-class online learning experience, the programme balances foundational theory with real-world application , preparing professionals to lead in GenAI-first environments. A deep dive into what you will learn and build Comprehensive curriculum : A thoughtfully structured journey starting from core AI/ML principles to advanced GenAI applications. Key modules include Mathematics for AI, Deep Learning, Advanced LLMs, Computer Vision, and Agentic AI. This ensures a layered understanding of how GenAI powers everything from image generation to intelligent decision systems. IIT Madras faculty teaching : Learn directly from professors and researchers at IIT Madras, a global leader in AI research and innovation. Gain insights from academic leaders shaping the future of technology. GenAI specialisations : Get hands-on with Advanced Large Language Models (like GPT and BERT) and Computer Vision systems (including CNNs and GANs). Learn to build solutions for use cases in NLP, object detection, image segmentation, and more. Industry expert sessions : Interact with GenAI leaders from top tech firms. Gain invaluable perspectives on how these technologies are deployed in enterprise environments and the challenges you should prepare to tackle. 15+ tools and libraries : Master industry-relevant tools including Pandas, Python, NumPy, Keras, and more. These tools form the backbone of today's GenAI workflows. 15+ projects and cases : Apply your learning across diverse domains like healthcare, fintech, logistics, and marketing. Projects include building recommendation engines, chatbots, fraud detection models, and CV/NLP applications. GitHub and Kaggle portfolio building : Create and maintain a robust portfolio that showcases your practical work to future employers. From notebooks to full-stack AI apps, this portfolio will set you apart. Two days of immersion at IITM Research Park : Gain on-ground exposure at India's premier innovation ecosystem. Connect with startups, researchers, and cutting-edge projects. 4 latest research papers : Stay on the bleeding edge with curated academic readings, including new breakthroughs in transformer models, diffusion models, and generative frameworks. One-week capstone project : Conclude with an intensive capstone that brings together everything you have learned. Solve a real-world business problem using GenAI, with mentoring from industry experts. IITM Pravartak certificate : Earn a certificate that reflects both your credibility and capability. It is a credential that opens doors in the global tech ecosystem. By the end of this programme, you will walk away with truly transformative learning outcomes. The participants will be equipped to design intelligent systems using core machine learning algorithms and deep learning frameworks, build and fine-tune Large Language Models (LLMs) for real-world applications like summarisation and intelligent search, and implement computer vision solutions using CNNs and GANs. They will also gain the skills to engineer agentic systems with reinforcement learning and effectively communicate complex AI concepts across technical and business teams. Whether your goal is to become a GenAI Specialist, ML Engineer, or AI Product Manager, this programme prepares you to lead with confidence in an AI-first world. Who should enrol? AI is everyone's business! This programme is tailor-made for professionals who see AI not just as a trend, but as a transformation. Data Scientists, Software Engineers, Business Analysts, Consultants, and Product Managers will find the tools and strategies they need to build intelligent products, lead digital transformation, and drive smarter, data-backed decisions. This course will empower you with the skills, confidence, and credibility to lead the AI revolution in your domain. Depth, direction, and a defining edge This is not just another course, it is your launchpad into the future of tech. Designed by IITM Pravartak and delivered through its innovation ecosystem, this programme blends academic excellence with real-world impact. You will gain insider access to live masterclasses on cutting-edge GenAI and ML applications, taught by IITM faculty, and sharpen your skills through weekly doubt-clearing sessions with experts who make the complex crystal clear. Every moment of learning is immersive, practical, and built to help you create, not just consume, technology. What truly sets this experience apart is the outcome: a personal GitHub and Kaggle portfolio that proves your capabilities, a capstone project that showcases your problem-solving edge, and exposure to real research that keeps you ahead of the curve. You will finish this programme with knowledge and walk away with proof that you are ready to lead in GenAI. The industry is not waiting, and neither should you. This is your opportunity to rise above the noise, master the tools shaping tomorrow, and step confidently into high-impact roles. Key details - Start date : 30 June 2025 Duration : 7 Months; 8-10 hours/week (additional effort may be required for non-technical students) Fee : INR 1,65,000 + GST Format : Pre-recorded videos, live online sessions, faculty masterclasses, and two days of optional campus immersion at IITM Research Park Eligibility : Graduate/diploma holders can apply (Math and programming knowledge required). The future won't wait—Why should you? In this era of intelligent transformation, standing still is the fastest route to irrelevance. The professionals leading tomorrow are the ones investing in skills today. With the right tools, mentorship, and ecosystem, you are defining your future. Unlock the potential of Generative AI, and take the first step towards a successful career with IITM Pravartak's Professional Certificate Programme in Generative AI and Machine Learning. Gain in-demand skills and expertise to stay ahead in this rapidly evolving field. References - 2026, more than 80,, according to Gartner, Inc.
