CNV3-I2-6- Start-up

Ajita Prasanna Mohapatra a pass-out of PGDM 2000-02 batch from ITM Business School, Navi Mumbai and having 15 years of extensive experience in finance and management consulting. He is also a visiting faculty to management institutes for courses like corporate strategy, financial markets and entrepreneurship. Prior to starting his own business, he worked in MilliporeSigma as an Application Specialist for Solving the toughest problems in life science by collaborating with the global scientific community and thereafter with Cognizant offering digital solutions to SMEs. In the year2014 Ajita Started Quantafic Business Solutions LLP a partnership company with two directors and five other partners with registered office in Goregaon (East), Mumbai, Maharashtra. The company has two designated directors Mr Ajita Prasanna Mohapatra and Aisurjyalaxmi Mohapatra.

Mr Ajita started his career journey in 2014, when he saw the market’s need for smarter analytical and software products, and better end-to-end services in the banking space. Our focus has been to develop smart software and analytics-backed solutions that meet the growing demands of banks and NBFCs.

Since inception, Quantafic innovated many products and solutions for their clients. Today, Quantafic has Q-Dash, Q-Investg8r and Rule Engineer and these products are adding immense value to organizations. In their short span of existence, Quantafic has acquired some of the most reputed names in India’s banking space as their clients. MasterConnect™, is a marvellous example of their pursuit for innovation. Using state of the art technology, MasterConnect™ connects to multiple data sources simultaneously at speeds to reveal aggregated information about the customer. For KYC compliance, Q-Mask: AADHAAR Masking solution, addressing the IRDAI and RBI regulations, can be consumed as a cloud-based or on-premise solution. This API driven solution of Quantafic can be easily and securely integrated with clients existing solution, enabling bulk masking and processing report. MasterConnect ™ is designed to authenticate the existing customers and loan applicants on-the-fly. The other product QDash in-built statistical analysis supports almost all databases, so one can fetch data from any source system. It can work with all devices – desktop OS browsers, Android, iOS, etc. and will certainly delight you with the smoothness it offers.

Quantafic, is helping banks and NBFCs in these areas through the services and products such as Bolster credit policy through credit application scorecard (for fresh loans, top-ups, etc.)

Build scorecards to optimize collection process (early delinquency, legal action optimization, write-off recovery models), fraud sampling models for sharper sampling of loan application by RCUs, collection allocation optimization solutions, collection-specific dashboard design and data visualization and KYC and bureau validation solutions with in-built rule engine to reduce human errors while underwriting. They are servicing BFSI sector with various products for ANALYTICS in almost all functional areas banks and financial institutions. A few prestigious names in their clients list are Axis Bank, RBL Bank, Bajaj Auto Finance, NABARD, Muthoot, PNB Housing, BMB, L&T Finance and LBW etc.