Ceutics Businesses Private Limited.

Financing of Used Commercial Vehicle is a INR 7.6 trillion industry growing at 7.6% CAGR. This market upto 50% is occupied by NBFC with a huge potential still left untapped

Problem Statement –

• 1) There are limited credit options available for purchase of used commercial vehicles

• 2) There is minimal credit available for working capital of owners of used commercial vehicles

• 3) Pricing is non standardized because of grey market.

• 4) Due to fragmented and unorganized borrowers there is no product fit.

• 5) Cash economy leading to revenue leakages for Government.

Vision – Become a platform meeting the financial needs of owners/potential owners of used commercial vehicles

Mission –

• 1) Enable Financial inclusion by providing credit and establishing credit history for the underserved segments in this space

• 2) Improve network on an ongoing basis to ensure deep penetration including in remote areas.

Opportunity –

• 1) The fragmented market provides a big opportunity to monetise via the assets i.e Used Commercial Vehicle.

• 2) The demand from Ecommerce industries in Tier II and Tier 3 cities bolsters the demand for Commercial vehicles both new and old

• 3) Vehicle scrappage policy will also spur the demand for these vehicles.

Solution provided –

• 1) Rapid evaluation of credibility of the borrower and disbursement through use of our Lead Operation Systems

• 2) Use data analytics to evaluate the borrower and build price engines

• 3) Provide financing for varied purpose not limited to purchase of used vehicles.