Origa
Offers a full suite of intelligent collection services orchestrated via a web of debt resolution partners who execute data derived strategies in a marketplace model.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor | €0.0 | round |
N/A | Acquisition | ||
| Total Funding | 000k | ||
Founded in 2018 by Venkatesh Chari and Vaibhav Dobriyal Dobi, Origa.ai operated as a business-to-business fintech entity based in Bengaluru, India, specializing in debt recovery. The company positioned itself as a Software-as-a-Service (SaaS) provider, offering a technology platform for both contemporary fintech firms and traditional lenders to enhance the management of their collection operations.
The firm's core product was an AI-driven debt management platform designed to streamline and modernize the collections process. This system utilized data science and proprietary algorithms to analyze extensive datasets, enabling it to predict potential delinquencies. A key feature was the automation of personalized follow-up actions with customers, conducted through a multilingual chatbot, which aimed to improve engagement and recovery rates. Origa.ai's business model centered on a marketplace of debt resolution partners who would execute data-informed strategies orchestrated by the platform, creating a more organized and efficient alternative to legacy collection methods.
Prior to its acquisition, the company successfully secured $253,000 in capital over two seed funding rounds. The journey as an independent entity culminated on September 30, 2021, when Origa.ai was acquired by M2P Fintech, an Asian API infrastructure company. The acquisition was a strategic move for M2P Fintech to bolster its capabilities in new-age debt collection and integrate Origa.ai's technology into its broader fintech ecosystem. Following the transaction, founder and CEO Venkatesh Chari transitioned into a product leadership role at M2P to continue developing the debt management stack.
Keywords: debt recovery, fintech, collections management, SaaS platform, repayment analytics, AI debt collection, loan recovery, delinquency prediction, M2P Fintech, Venkatesh Chari, Vaibhav Dobriyal Dobi, Indian fintech, accounts receivable, automated collections, financial technology, debt management software, lending services, credit risk, collections automation, API infrastructure