Metis Raises 1.3 Cr Led by Inflection Point Ventures for BFSI AI/ML Platform
Summary
Metis Intellisystems Pvt Ltd, which stands for Intelligent Decisioning using AI & ML for BFSI, has raised 1.3 Crores in a round led by Inflection Point Ventures. Amit Saraswat, the CPO, brings over 20 years of experience, backed by a PhD in Advanced Statistical Methods and a Bachelors Degree from IIT Roorkee. Led by Khusru and Amit, who bring deep and complementary expertise, Metis is well-positioned to thrive in this market.Metis deep understanding of Machine Learning, Artificial Intelligence, and its application for fintechs has enabled the company to develop a unique capability to deep-dive to present contextual understanding and cross-reference data from multiple sources. Leveraging our expertise in advanced technologies, experience in Fintech, and passion for problem-solving, Metis seeks to harness and interweave abundant, diverse data sources via cross-referencing and triangulation to champion a paradigm shift to automated intelligence.Within two months of Metis product launch, the company secured partnerships with financial institutions, both domestic and international, including a prominent national bank. These discussions with multiple banks and NBFCs aim to implement solutions for various use cases such as risk identification, early warning systems, and automated business rule engines for lending.