Fintech SaaS Platform Lentra Acquires AI-Startup TheDataTeam

Fintech SaaS Platform Lentra Acquires AI-Startup TheDataTeam

SUMMARY

With this acquisition, Lentra will deploy TDT’s customer intelligence platform Cadenz to facilitate banks and financial institutions in making data-driven decisions

As part of the acquisition deal, TDT’s founder Rangarajan Vasudevan has joined Lentra as the cofounder and chief data officer

Lentra counts HDFC Bank, Bessemer Venture Partners and SIG as its investors

Fintech SaaS startup, Lentra has acquired Chennai-based AI startup TheDataTeam (TDT) for an undisclosed amount. 

Following this acquisition, Lentra will deploy TDT’s customer intelligence platform Cadenz to facilitate banks and financial institutions in making data-driven decisions relating to customers’ credit worthiness. Besides, the acquisition will also help Lentra to launch products as a part of its go-to-market strategy.

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