Datasigns Technologies secures funding from Angel Investors

Datasigns Technologies, a mobile-first financial technology startup has secured an undisclosed amount in angel funding round led by Sanjai Vohra, formerly a Managing Director with JP Morgan and UBS and V. Bunty Bohra.

At $1.2 trillion, India is estimated to be one of the largest markets for consumer finance in the world, behind USA and China. Datasigns works on behalf of both borrowers and Institutional lenders. Their mobile application “Shubhloans” helps borrowers generates proprietary individual credit score using traditional and secondary data points. Datasigns lending partners use this credit score for lending.

“Everyone deserves access to the right amount of credit, and this is exactly what we strive to do through our mobile first platform – Shubhloans. Our innovative credit scoring model debunks old ways of lending and ensures optimal credit by holistically assessing overall risk” said Monish Anand, CEO of Datasigns Technologies.

Founded by bankers, technologists, and data scientists; Datasigns has begun operations in Bangalore and has received an overwhelming response from the market.