Capital Trade Links inks agreement with Creditech Technology Pvt Ltd

With a view to expand into small loan business, Capital Trade Links Ltd has entered into an agreement with Creditech Technology Private Limited, which will provide app based platform to facilitate financial assistance for its customer through the company.

Creditech Technology Pvt Ltd. (www.zaubacorp.com) is promoted by fin-tech startup started by 2018 who are successful retail professional having experience, knowledge and skill in this era (i.e. Mr. Akshay Gautam, Mr. Kunwar Raj Singh Chadha, Mr. Sukhbir Singh are Founding members & directors). Creditech started its business in Small Ticket Personal Loan & Digital Credit Line space. Creditech has developed technology tools based on Big Data Analysis which facilitates lenders to evaluate borrower's credit worthiness and provides other related services. Through its proprietary machine learning risk assessment, Creditech helps the borrower to choose custom made loan products from an array of offerings by its FI partner, like short duration loans, Credit line employees.

Mr. Akshay Gautam is IIM, Ahmedabad and IIT Delhi. He is founder and built multiple product across logistics and food tech etc.

Mr. Sukhbir singh is M.D. and Chairman in Ganesh Lease Fin Pvt. Ltd., an RBI Registered NBFC.

Cred.tech Technology Private Ltd. has led teams that built very modern and scalable products to serve a multitude of use-cases. From buitding a modern sales intelligence platform used by large enterprises at Creditech to a custom group loan app used by tens of thousands of customers at Creditech. Creditech has built reliable products that make a real impact on the lives of customers.

After this agreement Capital Trade will be in position to make it's another presence in technology-based retail loan segment with Creditech Technologies Pvt. Ltd.

Shares of Capital Trade Links Ltd was last trading in BSE at Rs. 10.73 as compared to the previous close of Rs. 11.00. The total number of shares traded during the day was 52544 in over 179 trades.

The stock hit an intraday high of Rs. 11.38 and intraday low of 10.58. The net turnover during the day was Rs. 573008.00.

Source : Equity Bulls

Keywords

CapitalTradeLinks INE172D01021 CreditechTechnology FinancialAssistance Zaubacorp