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Business Standard
21-07-2025
- Business
- Business Standard
Fintech Pioneers: Credgenics Co-founders featured in the prestigious Avendus Wealth - Hurun India U30 List 2025
VMPL New Delhi [India], July 21: Credgenics, the leading provider of SaaS-based debt collections and resolution platform worldwide, today announced that Rishabh Goel, Co-founder and CEO, and Anand Agrawal, Co-founder and CPTO, have been featured in the prestigious Avendus Wealth - Hurun India U30 List 2025. This recognition celebrates their innovative entrepreneurial approach to transforming the financial services sector and their significant impact on the fintech landscape with Credgenics. The Avendus Wealth - Hurun India U30 List 2025, celebrates 79 exceptional young leaders aged 30 and below who are redefining the future of the Indian economy across industries. This curated list highlights two categories of trailblazers: first-generation founders building ventures valued at USD 25 million or more, and next-generation leaders steering family-owned businesses with valuations of at least USD 50 million. Financial services emerged as the third-most represented sector in this inaugural Under-30 edition, with nine standout entrepreneurs making their mark in the industry. Credgenics has established itself as a pioneer in AI-driven loan collection solutions, managing an impressive portfolio of over 98 million accounts worth $250 billion in FY24. The company's technology-first approach has revolutionized traditional collection methods, enabling financial institutions to optimize their recovery processes while maintaining strong customer relationships. "Being recognized in the Hurun-Avendus U30 List with other innovative young leaders is both an honour and a testament to our team's dedication to transforming the financial services landscape," said Rishabh Goel, Co-founder and CEO of Credgenics. "We are committed to leverage AI and digital technologies for making debt collections future-ready, super efficient, and data-driven. This is benefitting the entire credit ecosystem and speeding up financial inclusion across the country." Anand Agrawal, Co-founder and CPTO of Credgenics, added, "This recognition in the Hurun-Avendus U30 List validates our approach of using AI backed innovation to simplify and transform debt collections. We are working to enhance credit health for individuals globally, which transforms into easy universal access to formal credit. We're proud to be a part of India's vibrant fintech ecosystem and facilitating our meaningful impact in the nation's inclusive economic growth." Credgenics' success story exemplifies the dynamic nature of India's fintech sector, which continues to attract significant investment and fast track the financial empowerment of the masses. The recognition comes at a time when AI-powered collections solutions are becoming increasingly crucial for Banks, NBFCs, Fintech lenders and ARCs seeking to optimize their operations while maintaining compliance and customer satisfaction. Credgenics' market leading platform addresses these needs by providing intelligent, automated collection strategies that improve recovery rates while reducing operational costs. About Credgenics: Credgenics is the leading full-stack, AI-powered loan collections and debt resolution technology platform for Banks, Non-Banking Financial Companies (NBFCs), FinTechs, and Asset Reconstruction Companies (ARCs) globally. Recognised as the Best Selling Loan Collections Platform in India by IBS Intelligence in their Annual India Sales League Table for three consecutive years, Credgenics is modernizing debt recovery processes. The platform combines predictive and generative AI capabilities to assess risk, segment borrowers, and execute personalized recovery strategies across the end-to-end collections lifecycle. Supporting all credit products across retail and SME/MSME portfolios, Credgenics empowers lenders to accelerate recoveries, optimize operational efficiency, and scale smarter, data-driven collections. In FY24, the platform managed over 98 million loan accounts worth more than USD 250 billion and facilitated over 1.7 billion omnichannel communications, serving 150+ financial institutions worldwide.
Time of India
21-07-2025
- Business
- Time of India
Cupid shares rally 64% in a week, hit new all-time high of Rs 152. Should you book profits?
Shares of Cupid Ltd rallied 63.7% over the past week to hit a fresh all-time high of Rs 152 on the BSE today, driven by strong technical momentum and rising volumes. The sharp uptrend comes amid consistent buying interest, supported by bullish technical indicators. Around 10:30 am on Monday, the stock's total traded quantity stood at 6.36 lakh shares, with a turnover of Rs 9.66 crore. The company's market capitalization was at Rs 3,948.84 crore. Explore courses from Top Institutes in Select a Course Category Data Science Public Policy others MBA Project Management healthcare Product Management PGDM Finance Data Analytics Degree Cybersecurity Data Science Healthcare Others Digital Marketing Management Artificial Intelligence Operations Management Leadership Technology CXO Design Thinking MCA Skills you'll gain: Duration: 10 Months IIM Kozhikode CERT-IIMK DABS India Starts on undefined Get Details Skills you'll gain: Duration: 30 Weeks IIM Kozhikode SEPO - IIMK-AI for Senior Executives India Starts on undefined Get Details Skills you'll gain: Duration: 30 Weeks IIM Kozhikode SEPO - IIMK-AI for Senior Executives India Starts on undefined Get Details Skills you'll gain: Duration: 11 Months E&ICT Academy, Indian Institute of Technology Guwahati CERT-IITG Postgraduate Cert in AI and ML India Starts on undefined Get Details Skills you'll gain: Duration: 11 Months IIT Madras CERT-IITM Advanced Cert Prog in AI and ML India Starts on undefined Get Details by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Algeria Solar Panels: See How Much It Will Cost To Install Them (See Prices) Solar Panel | Search Ads Learn More Undo On Saturday, the company also informed that Aditya Kumar Halwasiya , Chairman and Managing Director of Cupid Ltd, featured in Avendus Wealth - Hurun lndia U30 List 2025. 'Cupid Limited, (BSE – 530843, NSE – CUPID), is delighted to announce that its Chairman & Managing Director, Mr. Aditya Kumar Halwasiya, has been named to the Avendus Wealth – Hurun India U30 List 2025 . This prestigious accolade recognizes India's most dynamic young leaders under 30 who are driving innovation, transformation, and sustainable growth in their respective fields,' the company's filing to the stock exchanges stated. After this sharp rally, how do analysts recommend trading the stock? Live Events According to Sudeep Shah, Deputy Vice President and Head of Technical & Derivatives Research at SBI Securities, 'The price has moved up sharply, having risen nearly 34% in just the last 6 trading sessions. The strong move in the price was supported by a rise in volumes as well.' He added that the stock is trading above its key short and term long moving averages and the momentum indicators and oscillators are also reinforcing the bullish strength. Shah noted that Rs 115 is likely to act as a strong support level for the stock, while a follow-up move from current levels could push the price towards Rs 180, followed by Rs 200 levels in the short term. Meanwhile, Hardik Matalia, Derivative Analyst at Choice Broking, observed that the shares of Cupid are currently trading around Rs 146.77, hovering at record high levels after delivering a remarkable rally of nearly 165% from its April 2025 lows. He noted that the stock has been consistently forming higher highs and higher lows on the daily timeframe, reinforcing its strong bullish structure. However, Matalia highlighted that with the Relative Strength Index (RSI) at 85.86, the stock is now firmly in the overbought territory, indicating the possibility of an impending time-wise or price-wise correction in the near term. He further pointed out that the stock is trading well above all its key short-term and long-term moving averages, underlining the prevailing strong momentum, but cautioned that such steep rallies often invite consolidation or retracement, especially when momentum indicators are overheated. For short-term traders, Matalia suggested it 'would be prudent to book profits at current levels and consider re-entering on meaningful dips near support zones, once signs of stability or reversal emerge.' He also advised long-term investors already holding the stock to 'consider booking partial profits to lock in gains,' while monitoring for any healthy retracement, which could present an opportunity to accumulate further in a staggered manner. ( Disclaimer : Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
