Epikindifi

About Epikindifi

Formerly known as EpikInDiFi Software & Solutions, ezee.ai provides a suite of AI-powered, cloud-based automation solutions for banks and financial institutions. Founded in 2017 by a team of experienced bankers and technologists including Sushmitshri Babu, Rajendra Awasthi, Vaidyanathan Balasubramaniam, and Shubho Banerjee, the company aims to address the rigidity of legacy financial systems. The founders' background in designing and implementing banking software globally informed their mission to create an agile, end-to-end digital ecosystem for financial services.

The company's business model is centered on providing a no-code, drag-and-drop platform that enables financial institutions to rapidly design, deploy, and manage credit products and automate processes. This approach reduces reliance on lengthy development cycles, allowing business teams to control workflows while IT manages security and governance. The platform is designed for the Banking, Financial Services, and Insurance (BFSI) and Non-Banking Financial Company (NBFC) sectors, with clients including Yes Bank, Jio Financial Services, and IndusInd Bank. In September 2024, Veefin acquired a 26% stake in the company and plans to invest further to support its growth.

The product suite includes several key platforms: 'lend.ezee' is a comprehensive loan origination and management system that automates the entire lending process from application to settlement. 'collect.ezee' is a digital debt collection solution that uses AI to predict repayment behavior and optimize collection strategies, which has been shown to reduce non-performing assets (NPAs). 'automate.ezee' provides robotic process automation (RPA) to handle repetitive operational tasks. 'vkyc.ezee' offers a video-based customer identification process compliant with Reserve Bank of India (RBI) regulations.