India: Lending startup ZestMoney buys PhotographAI to boost current technology

India: Lending startup ZestMoney buys PhotographAI to boost current technology

Photo: Reuters

Bengaluru-based startup ZestMoney on Thursday said it has acquired artificial intelligence platform PhotographAI to boost its current technology and achieve deeper access to consumer credit. The transaction amount and the terms of the deal were not disclosed by the company. ZestMoney, with the PhotographAI acquisition, aims to strengthen its technology in AI, visual AI and optical character recognition. It also claims to provide the most advanced automated credit assessment service in the future.

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