PwC India launches analytics platform

PwC India today announced launch of PwC Insights as a Service (PIAS), an advanced analytics platform that drives business outcomes.
The platform comes preloaded with data automation and management tools, industry and domain-specific machine learning and cognitive algorithms that will help enterprises and government departments to improve business outcomes.
Over the next year, 30 such solutions will be rolled out in the market on a pay-as-you-go engagement model, PwC said in a statement.
Aye Finance raises USD 8 mn from Blue Orchard
* Non-banking finance company (NBFC) Aye Finance has raised USD 8 million from Blue Orchard, a global impact investment manager.

Aye Finance funds micro and small enterprises across India.
The funds were raised through non-convertible debentures with a maturity period of five years, Aye Finance said.
Gurugram-based Aye fulfils the credit needs of under served MSME sector through its 39 branches. Switzerland-based Blue Orchard was founded in 2001 by an initiative of the UN as the first commercial manager of micro-finance debt investments worldwide.