MUMBAI: Fintech firm Navi on Wednesday announced plans to scale its tech team by 30% by 2024.
This expansion will enable the team to enhance its lending, health insurance, UPI, and mutual funds services, and explore new product lines, the company said in a statement.
As a part of this mandate, a batch of engineers hired through Navi’s campus recruitment program will join the company in June 2024, with further hiring via multiple channels planned throughout the year.
“As we prepare for the next stage of our growth, scaling our tech team by 30% becomes one of the strategic and a pivotal step in achieving our milestones. The expansion of our team fuels our ongoing mission to simplify finance for abillion Indians and deliver a seamless experience for our customers through the Navi app,” a company spokesperson said.
Navi plans to boost its tech team to create significant improvements to its tech stack. The team will focus on advanced technologies like Generative AI, AlternativeAI/ML, and big data capabilities to improve credit underwriting, increase underwriting volumes, detect fraud, and enhance customer support, quality assurance, and sales processes.
This expansion will enable the team to enhance its lending, health insurance, UPI, and mutual funds services, and explore new product lines, the company said in a statement.
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As a part of this mandate, a batch of engineers hired through Navi’s campus recruitment program will join the company in June 2024, with further hiring via multiple channels planned throughout the year.
“As we prepare for the next stage of our growth, scaling our tech team by 30% becomes one of the strategic and a pivotal step in achieving our milestones. The expansion of our team fuels our ongoing mission to simplify finance for abillion Indians and deliver a seamless experience for our customers through the Navi app,” a company spokesperson said.
Navi plans to boost its tech team to create significant improvements to its tech stack. The team will focus on advanced technologies like Generative AI, AlternativeAI/ML, and big data capabilities to improve credit underwriting, increase underwriting volumes, detect fraud, and enhance customer support, quality assurance, and sales processes.