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Wednesday, December 03, 2025 | 01:59 PM ISTहिंदी में पढें
Credgenics acquires Arrise to build full-stack collections platform
Arrise was founded in 2019. It has a presence across more than 25 states through a network of over 5,000 professionals. It provides calling services in more than 13 languages
 "The much-anticipated provision of the deal value threshold (DVT) under the Competition Amendment Act 2023, notified on Monday, seeks to capture mergers and acquisitions (M&As) where the deal value exceeds Rs 2,000 crore or where the target company ha")
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In 2023-24 (FY24), the platform managed over 98 million loan accounts worth more than $250 billion and facilitated over 1.7 billion omnichannel communications, serving over 150 financial institutions worldwide. Representative Picture
Credgenics, a debt collections technology platform, announced the acquisition of Arrise — a collection service provider — for an undisclosed amount, as the company targets combined annual revenue of ₹850 crore over the next three years.
This is part of the company’s CG Setu initiative. The initiative will have a field fleet of digitally empowered personnel with standard operating procedures. It acts as a bridge between borrowers and lenders.
Credgenics is expected to become a full-stack collections solutions provider with a pan-Indian presence. Its capabilities would include on-field operations across more than 18,000 pin codes, digital collections, voice bots, litigation,
Topics : Technology Fintech Startups
