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Debt Nirvana announces account receivables Portfolio of USD 500 M

Bengaluru, Jun 24 (UNI) Debt Nirvana today announced that its
Account Receivables portfolio has grown to USD 500 M per annum.
The startup which was incorporated in 2013 provides Credit
Reports, Accounts Receivables process, outsourcing and Debt
Collection services and its clients included a string of Fortune
500 Corporates, including a World’s Largest Software Company and a
leading Mobile Advertising Company amongst others.
Commenting on the growth Debt Nirvana founder, Ravi Malhotra, a
former Google Executive, said, ''in today’s uncertain Global
Economic environment, timely collection of Debt is one of the
important criteria to manage Corporates cash flow requirements. We
have satisfied customers worldwide using our services not only for
everyday credit decision making but also to improve Cash flow
situation. We are excited to see that we continue to grow in the
industry and we look forward to expanding our business.''
While dealing from a real time problem faced by Corporates, Debt
Nirvana provided specialised services in the Credit Reports and
Debt Recovery domains with measurable outcomes. With a thorough
understanding of the industry across different regions, Debt Nirvana
provided user-friendly interface for corporates to place their
Credit Reports and Debt Recovery requests.
Till date, Debt Nirvana has been able to collect 75 per cent of
the bad and delinquent debt through analytics based debt collection
approach thereby, adding to their Fortune 500 bottom line. Through
its global presence, the company has been able to provide quality
credit reports for its clients to make informed credit decisions.
The startup foresees scaling up its operations and customer base
across different countries in less than three years.
More News

CCD offers a delight of favorite coffee topped with ‘creative’

23 May 2018 | 8:18 AM

Chandigarh, May 23 (UNI) Ever dreamt of drinking the perfect glossy Rosetta or latte with elegantly shaped variations topped on it? Well, for all coffee aficionados now is the time to head straight to your nearest Cafe Coffee Day (CCD) outlet to find this unique presentation in ‘Latte Art Festival’ being hosted here.

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Aviva Life Insurance launches integrated plan

23 May 2018 | 8:16 AM

New Delhi, May 23 (UNI): Aviva Life Insurance has launched "Aviva i-Term Smart", a 'protection oriented' life insurance plan that offers consumers life cover at an affordable cost, along with an opportunity of additional protection against critical illness and disability.

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Rollback of price deregulation unlikely: Moody

23 May 2018 | 8:15 AM

New Delhi, May 23 (UNI) Global rating agency Moody said the government is unlikely to reverse fuel pricing deregulation because it remains committed to reforms.

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Hike in petrol, diesel prices continues

Hike in petrol, diesel prices continues

22 May 2018 | 10:11 PM

New Delhi, May 22 (UNI) The hike in Petrol and diesel prices continued for the ninth day on Tuesday amidst reports that the government was mulling steps to check it.

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Honor unveils two new models

22 May 2018 | 9:58 PM

New Delhi, May 22 (UNI) Huwawei's smartphone e-brand for digital native - Honor on Tuesday unveiled its most affordable dual lens camera devices Honor 7A and Honor 7C.

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