Decimal Technologies, award-winning applications such as Kotak 811, AU Abhi and Aditya Birla Payments application, and banks such as IndusInd Bank, Deutsche Bank use solutions developed by the company. They recently launched Saarathi, a pioneering, one-of-a-kind lending marketplace, specializing in digital transformation of loan files. The AI-based product enables hassle-free, paperless digitalization of multiple financial products such as loans, credit cards and insurance on one platform. Saarathi offers a transparent, low-cost process to the lender ecosystem ensuring loan files are trustworthy and fraud proof, while at the same time making the approval process 5X faster for customers. Lalit Mehta, is the Co-founder & CEO, Decimal Technologies. Lalit has been in the industry for over a decade. He founded Decimal Technologies in 2009 when digitisation in the BFSI sector was still in its nascent stages and people weren’t aware of the significant growth it will witness. Lalit and his team at Decimal were one of the early adopters of technology in the sector and were integral in helping institutions through their own journeys of becoming early digital adopters too. Lalit has built a path for Decimal where it can keep reinventing every few years and stay ahead of the curve. Decimal continues to innovate to make banking operations smoother and, in turn, customer experiences better. This is evident in their mantra of #DigitisingBFSI which became even more pertinent during the pandemic as Decimal was at the forefront of meeting the rapid demands of digitisation in the BFSI sector. They closed deals with financial institutions they’d been negotiating with for years, within months once the first lockdown hit. Lalit has over two decades of experience leading innovation in the fields of finance and technology. He is a serial entrepreneur who has founded another company in identity and access management viz., Mobico Comodo, in addition to one in the education space called The Olive Schools. Interestingly, Lalit has also worked in the automotive space and was a part of his family car dealership business before he found his calling in finance.

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