Major M&A deal in India: Credgenics, a leading FinTech technology platform in debt recovery and insolvency management, has announced the acquisition of Arrise, one of the country’s foremost companies specializing in debt collection.
Credgenics provides innovative solutions for banks, financial institutions, and digital lending platforms through a SaaS (Software-as-a-Service) platform that integrates artificial intelligence, machine learning, and automation. Its goal is to digitalize and enhance the efficiency of debt management processes — from early monitoring to post-delinquency recovery — enabling industry players to improve recovery rates and reduce operating costs.
Founded in 2019, Arrise operates across more than 25 Indian states, employs around 5,000 people, and is today one of the largest companies in the debt management sector in the country.
With this acquisition, Credgenics aims to strengthen its territorial presence and further improve the effectiveness of recovery operations, making them more digitalized, integrated, and standardized for banks and financial institutions.
