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Autonom8 collaborates with Mahaveer Finance to Hyperautomate Vehicle Financing in India

Chennai, 28th June 2024 – Autonom8, a pioneer in GenAI-enabled hyperautomation, announced strategic partnership Mahaveer Finance India Limited (Mahaveer Finance), one of the leading providers of vehicle finance solutions in India, to revolutionise Mahaveer Finance’s vehicle financing process. Autonom8 will help in transforming the vehicle finance solutions, enhancing finance process, efficiency, customer experience, and security.

The partnership will leverage Autonom8‘s cutting-edge platform, enhancing the vehicle financing operations. A8Studio’s automation capabilities will streamline manual tasks like document verification, data validation, and creditworthiness assessments. This will significantly reduce processing times, expedite loan approvals for personal and commercial vehicle loans.

By automating repetitive tasks, Mahaveer Finance can dedicate more resources to personalised customer interactions. Autonom8’s A8iQ analytics will empower Mahaveer Finance with valuable insights into loan applications and customer behaviour. This data will be instrumental in personalising lending strategies and ensuring Mahaveer Finance remains competitive in the market.

“We are excited to partner with Autonom8 to leverage their advanced hyperautomation solutions,” said Mr. Deepak Dugar, Managing Director and CEO of Mahaveer Finance. “This collaboration will enable us to streamline our operations, accelerate loan approvals, and ultimately, provide our customers with a faster, more efficient, and secure vehicle financing experience.” He added.

Commenting on the partnership, Mr. Balakrishnan Kavikkal, CEO & Co-founder of Autonom8 said, “We have been looking forward to leveraging our vehicle finance solutions with the right partners and we are more than glad to work with Mahaveer Finance. This is a great opportunity for both of us in growing our business and customers and to revolutionise the industry”.

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