CreditMantri scores high with borrowers

There is a lot of opportunity in this business, but the ecosystem is immature

Rahul, a sales representative with a multinational company, wanted to take a loan. His application was rejected and on enquiry he found his credit rating was poor. That is when he heard about a website that helped customers improve their credit rating through informed decisions. He availed the service and regained his eligibility to avail the best rates from lenders.

The website was CreditMantri, a Chennai-based financial service company that offers credit rating and lending support solutions to customers. The company was established by three banking experts to change the way credit is delivered in India using technology.

On March 1, 2017,