Latest news with #SaifHasan
Business Standard
02-07-2025
- Business
- Business Standard
Biz2X to Power KreditVenture's Digital Lending with its Next-Gen End-to-End AI-Enabled Platform
NewsVoir New Delhi [India], July 2: Biz2X, a global SaaS lending platform and subsidiary of Biz2Credit, has announced the onboarding of KreditVenture, a fast-growing new age NBFC in India to offer its AI-powered digital lending platform. With this development, Biz2X will equip the NBFC with an end-to-end digital lending product suite embedded with state-of-the-art and first of its kind AI capabilities for faster, consistent and intelligent credit distribution. With its aggressive growth plans, KreditVenture will deploy Biz2X's AI enabled solutions to scale up their LAP, Used Commercial Vehicle Finance, and Used Car Loans Finance. KreditVenture will benefit from Biz2X's groundbreaking AI-led solutions, including the Agentic AI Bot for automating credit underwriting and loan sanctions, thereby improving their turnaround time by over 50%. Biz2X's proprietary alternate scoring model - the Biz Analyzer, will offer KreditVenture a superior and more accurate assessment of applications where traditional underwriting is challenging due to lack of information. Biz2X's groundbreaking solution, the Digital Site Visit application will lead to significant reduction in operational and customer acquisition costs arising out of field, collateral, and site visits. More importantly, it will eliminate frauds related to site visit, the bottlenecks created due to delays in site visit and improve the turnaround time of processing loan applications. Mr. Saif Hasan, Founder and CEO of KreditVenture, said, "There is a Strategic Shift towards Secured Lending in India and digitisation will be the key differentiator. With ground breaking new age AI suite of Biz2X, we will leverage the technological edge in our high touch and high-tech model as we serve India's credit needs. Their AI-powered digital lending platform will enhance our underwriting capabilities, enable faster, data-led credit decisions, optimize costs, and scale with confidence as we remain committed to empowering Bharat with access to credit." Mr. Rohit Arora, Co-Founder and CEO of Biz2Credit and Biz2X, said, "KreditVenture's vision to adopt next-gen AI-enabled lending technology aligns seamlessly with our mission to revolutionize lending in India. As the digital lending landscape undergoes a paradigm shift with AI at its core, our advanced platform will empower KreditVenture to move beyond static financial data and adopt intelligent, scalable, and inclusive lending infrastructure that is built on end-to-end automation and real-time decisioning." The partnership is another step forward in strengthening Biz2X's growing footprint as a strategic technology partner in India, for digitizing and scaling lending operations for financial institutions and highlights the increasing demand for integrated, AI-powered digital lending solutions.
Fashion Value Chain
02-07-2025
- Business
- Fashion Value Chain
Biz2X to Power KreditVenture's Digital Lending with its Next-Gen End-to-End AI-Enabled Platform
Biz2X, a global SaaS lending platform and subsidiary of Biz2Credit, has announced the onboarding of KreditVenture, a fast-growing new age NBFC in India to offer its AI-powered digital lending platform. With this development, Biz2X will equip the NBFC with an end-to-end digital lending product suite embedded with state-of-the-art and first of its kind AI capabilities for faster, consistent and intelligent credit distribution. L to R: Jaspreet Singh, Co-Founder of KreditVenture; Saif Hasan, Founder & CEO of KreditVenture; Pankaj Sharma, Chief Revenue Officer of Biz2X With its aggressive growth plans, KreditVenture will deploy Biz2X's AI enabled solutions to scale up their LAP, Used Commercial Vehicle Finance, and Used Car Loans Finance. KreditVenture will benefit from Biz2X's groundbreaking AI-led solutions, including the Agentic AI Bot for automating credit underwriting and loan sanctions, thereby improving their turnaround time by over 50%. Biz2X's proprietary alternate scoring model – the Biz Analyzer, will offer KreditVenture a superior and more accurate assessment of applications where traditional underwriting is challenging due to lack of information. Biz2X's groundbreaking solution, the Digital Site Visit application will lead to significant reduction in operational and customer acquisition costs arising out of field, collateral, and site visits. More importantly, it will eliminate frauds related to site visit, the bottlenecks created due to delays in site visit and improve the turnaround time of processing loan applications. Mr. Saif Hasan, Founder and CEO of KreditVenture, said, 'There is a Strategic Shift towards Secured Lending in India and digitisation will be the key differentiator. With ground breaking new age AI suite of Biz2X, we will leverage the technological edge in our high touch and high-tech model as we serve India's credit needs. Their AI-powered digital lending platform will enhance our underwriting capabilities, enable faster, data-led credit decisions, optimize costs, and scale with confidence as we remain committed to empowering Bharat with access to credit.' Mr. Rohit Arora, Co-Founder and CEO of Biz2Credit and Biz2X, said, 'KreditVenture's vision to adopt next-gen AI-enabled lending technology aligns seamlessly with our mission to revolutionize lending in India. As the digital lending landscape undergoes a paradigm shift with AI at its core, our advanced platform will empower KreditVenture to move beyond static financial data and adopt intelligent, scalable, and inclusive lending infrastructure that is built on end-to-end automation and real-time decisioning.' The partnership is another step forward in strengthening Biz2X's growing footprint as a strategic technology partner in India, for digitizing and scaling lending operations for financial institutions and highlights the increasing demand for integrated, AI-powered digital lending solutions.
CTV News
06-06-2025
- CTV News
Brantford men charged in multi-million-dollar contraband tobacco operation
A cache of seized contraband tobacco is seen in this image. (OPP) The investigation into a multi-million dollar contraband tobacco operation has resulted in four more arrests. Ontario Provincial Police said Abdelrahman Hasan, 28, and Saif Hasan, 20, both from Brantford, were arrested in April 2025, along with Omar Omran, a 25-year-old from Scarborough, and Nael Alwarasaneh, a 36-year-old from Burlington. All four were charged with trafficking contraband tobacco. According to media release sent out on Friday, the OPP's Contraband Tobacco Enforcement Team (CTET) began investigating 'a network of individuals based in the GTA' in January 2024. Then, on July 4 of that same year, they executed three search warrants in the GTA. OPP said they seized more than 800 kilograms of shisha tobacco, more than 16,000 contraband cigarettes and $30,000 in Canadian cash. The street value of the tobacco was estimated at around $90,000. Contraband tobacco bust Ontario police say they've seized $2.3 million worth of illegal shisha and cigarettes. (OPP) Another 16 search warrants were conducted in Brantford, Burlington, Mississauga, Vaughn and Scarborough on Oct. 24. In that bust, OPP said they found 19,000 kilograms of contraband tobacco, with an estimated street value of $2.3 million. They also seized a number of electronic devices. A Toronto man, 58-year-old Ali Mallah, was charged with trafficking contraband tobacco in November 2024.
