By 121 News
Chandigarh 01st April:- Manappuram Finance Ltd., has announced that it is in an advanced stage of developing a range of technology driven innovations that can fundamentally transform the way the gold loan business model operates presently.
Mohan Vizhakat, Chief Technology Officer of the company said, that the panorama of technology, and the business models they enable, are changing at a very fast pace all around us. One clear example is the manner IT driven E-commerce has recently transformed the retail industry. It would be no surprise if technology driven innovative business models like the ones proposed by Manappuram transforms the gold loan sector as well. He added that Manappuram Finance Ltd. was the winner of the KMA NASSCOM "IT Innovations Award" 2014.
V.P. Nandakumar, MD & CEO, said, that when you consider these cutting-edge innovations in technology along with the recent turnaround in the gold loan market, I am convinced that Manappuram Finance is poised for take-off into a higher orbit. Very soon, we hope to be counted among the most technologically advanced companies in India's financial services sector.
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