Pepper Advantage has acquired Rieom.ai, a specialist AI-driven credit management software platform in India. This acquisition brings exciting technology to Pepper Advantage’s growing ecosystem of credit intelligence offerings.
Over the past four years, Pepper Advantage India has expanded geographically and grown assets under management, while being supported by highly skilled agents and state-of-the-art back-office technology. Currently we have US$124 million in assets under management across three asset classes and 19 clients. We operate in 30 cities and employ more than 100 of the country’s top sector talent.
We are now a servicer on panels of multiple banks, non-banks and asset managers.
In August 2020, Pepper Advantage incorporated Pepper India Advisors, an investment management and advisory company, to build out our Credit Investments business in India. As a result, we are now driving end-to-end investment management processes, from deal-sourcing to diligence and pricing. Pepper Advantage has developed an industry-leading credit-investment and advisory platform which provides services to leading institutional investors in the UK and Europe, while establishing strong footholds in emerging markets, including India.
At the moment, there are US$2 trillion in loans, more than 60% of which are retail and SME loans, in India. An estimated US$200 billion are problem loans that need special investment management and servicing expertise. Our on-the-ground Credit Investments team has the expertise to realise the potential of India’s growing private credit opportunity, especially problem loans.
The Pepper Advantage family is ideally suited to India because it understands the needs of ambitious growing markets, where many people’s financial needs are not being met sufficiently and empathetically. By combining our global influence with proactive experts on the ground who have a deep understanding of the unique need states of clients and customers, we enable insight-driven decisions that enhance clients’ business growth and their customers’ financial experiences.
Globally, Pepper Advantage has a reputation for creating robust strategies that meet the needs of those people who are often overlooked by traditional lenders, and for helping them live productive, well-managed financial lives.
If you’d like to find out more about how Pepper Advantage India could help your business’s success story, please click the ‘Talk to our experts’ button.
