Arohan Honoured for Pioneering Data-Driven Innovation at the CRIF Data Excellence Awards 2025
28th April 2025, Mumbai: Arohan Financial Services, India’s leading NBFC-MFI driving financial inclusion across 17 states, has been recognized for its pioneering efforts in data–driven innovation, receiving the prestigious CRIF Data Excellence Award 2025 for Data Excellence. This honor marks a significant achievement in Arohan‘s commitment to leveraging advanced data analytics to enhance operational efficiency and customer service.
The award was presented at a grand ceremony held at the Jio World Convention Centre in Mumbai. Mr. Ranjan Das, Chief Risk Officer at Arohan, accepted the award on behalf of the organization, underscoring Arohan’s continuous efforts to integrate cutting-edge technology and data solutions into its business model.
The CRIF Data Excellence Awards honour financial institutions that showcase outstanding capabilities in data quality, governance, analytics, and customer-centric innovation. Arohan’s recognition among India’s top Banking and NBFC players reflects its strong commitment to digital transformation, robust data management practices, and excellence in delivering seamless, data–driven customer experiences—marking a significant milestone in its pursuit of operational excellence and inclusive financial growth.
Speaking on the occasion, Mr. Das said, “We are not a Bank, but we operate on a Core Banking Platform!! We currently serve around 2.3 million customers and submit customer data to the Credit Bureaus, daily. Our large data analytics and modelling capabilities have been meticulously developed to remain ‘future-fit‘. This recognition reaffirms our commitment to robust systems, high-quality data management, and a customer-first approach. It is an honor to be celebrated alongside the most respected institutions in the financial sector.”
This accolade reinforces Arohan’s leadership in utilizing data as a strategic asset to optimize decision-making and drive impactful financial services for underserved communities, making a lasting difference in the microfinance industry.