Indian B2B SaaS firm Perfios has acquired Credit Nirvana, an AI-powered debt management and collections platform, in a bid to enhance its suite of financial services technology for an undisclosed fee.
Credit Nirvana, founded in 2019, leverages artificial intelligence and predictive analytics to automate the debt collection lifecycle, spanning early-stage delinquencies to legal recoveries. The platform manages a collection portfolio exceeding $9 billion and handles over 42 million loan accounts across banks, NBFCs, and asset reconstruction firms.
“This acquisition is a strategic step in expanding our product suite and strengthening our capabilities in debt management and collections. By integrating CreditNirvana’s AI-driven capabilities…