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HDFC Bank-backed Lentra acquires AI startup TheDataTeam for undisclosed sum

The deal involves the acquisition of the customer intelligence platform Cadenz

Photo: thedatateam
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By integrating the Cadenz platform, Lentra can provide an even bigger competitive edge to clients in the entire credit lifecycle

Abhijit Lele Mumbai
HDFC Bank-backed Lentra AI Private Limited, a digital lending cloud platform, has acquired Chennai and Singapore-based Artificial Intelligence (AI) company TheDataTeam (TDT) for an undisclosed amount.

Through this deal, Lentra will integrate TDT’s behaviour intelligence platform Cadenz which helps banks and finance firms make decisions on customer creditworthiness based on a unique financial journey. It will also help in launching new products for a faster go-to-market.

Launched in 2019, Cadenz simplifies the journey from raw customer data to live intelligence and helps businesses eliminate friction and drive new initiatives quickly.

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First Published: Jun 28 2022 | 1:55 PM IST

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