Press Release Overview

On September 8, 2026, at the Global Fintech Fest (GFF) 2026 in Mumbai, Perfios – India’s leading B2B SaaS TechFin – was selected as one of six technology firms to demonstrate its AI breakthroughs directly to Prime Minister Narendra Modi. The company unveiled its next‑generation Agentic AI Operating System, described as a smart, autonomous platform that evaluates credit using everyday real‑world data, aiming to extend formal loans to millions of underserved citizens across rural areas, MSMEs and young adults.

Market Reach and Impact

Perfios states that its solutions power 90 % of India’s digital loans, are used by more than 1,000 banks, NBFCs and fintechs, and support financial institutions in over 20 countries, facilitating credit access for more than 25 million businesses. The firm delivers 8.2 billion data points to its clients each year, accelerating decision‑making and expanding financial inclusion.

Leadership Commentary

Managing Director and Group CEO Nitin Chugh said presenting the vision to the Prime Minister was an extraordinary honour. He highlighted how Agentic AI can transform lives: a rural woman cattle‑grazer could be assessed through dairy collection payouts, milk‑yield history and UPI transactions; small shop owners could quickly access government schemes such as PM Mudra (PMMY) and PM Vishwakarma by aggregating GST, trade and banking data; and young Indians could receive personalised budgeting advice and investment guidance based on their earnings, savings and spending patterns.

Pillars of Economic Impact

The showcase emphasized three pillars:

1. Rural India – converting daily dairy payouts and UPI records into trusted credit profiles for direct bank loans.

2. Small Businesses (MSMEs) – merging GST, trade and banking data within seconds to help owners locate and apply for government funding schemes.

3. Young India – analysing income and expenditure habits to deliver budgeting recommendations and timely investment insights.

Product Portfolio at GFF 2026

From September 9 to 11, 2026, Perfios will present a portfolio titled “Agents You Can Bank On” at Booth i1, featuring eight specialised AI solutions that span the financial services ecosystem:

  • Lending: CAM, Agentic Underwriting and Data Intelligence Bridge (DIB) for automated credit assessment, AI‑assisted underwriting and intelligent document processing.
  • Fraud and Compliance: Clari5 Genie and DPDP Suite to enable AI‑led fraud and AML investigations and to operationalise compliance with India’s Digital Personal Data Protection Act.
  • Insurance: Agentic Distribution, Health Claims and Agentic PAS, applying AI across onboarding, distribution, underwriting, claims and fraud intelligence.
  • Customer Servicing and Origination: CognifAI Assist, which combines AI voice assistance with secure visual co‑browsing to guide customers through complex servicing and origination journeys.
  • Collections: Orca AI, a multi‑agent orchestration platform that determines the optimal collections action in real time while adhering to defined compliance and policy guardrails.

About Perfios

Founded in 2008, Perfios is a global B2B SaaS TechFin serving the Banking, Financial Services and Insurance (BFSI) industry in 20 countries, empowering over 1,000 financial institutions. Headquartered in Bangalore with worldwide offices, the company offers 75+ products and platforms, 500+ APIs, and processes 8.2 billion data points annually to accelerate credit and financial service delivery.