Ignosis
Ignosis turns consented bank, GST and tax data into lending, collections and customer insight for Indian financial institutions. Banks, digital lenders, insurers and wealth managers use it to verify income, underwrite consumers and small businesses, and target collections.
It fetches data in real time across several account aggregators under India's consent framework, then produces bank statement analytics, small business underwriting signals, spend analysis and collection priorities, with voice AI agents for customer calls. It also connects lenders to the ONDC and OCEN credit networks.
Ignosis states more than 150 clients and names results such as a 15 percent reduction in bad loans at L&T Finance and 25 percent larger loans at KISSHT. It displays ISO 27001 and SOC 2 and keeps all data in India. Ignosi Systems Private Limited is based in Ahmedabad.
Capability Axes
Capability grades
15 of 15 axes rated · 12 graded A or B
Income detection without formal proof, repayment scoring from bank and tax records and collections prioritization are all model work, and voice agents handle calls on top.
Lenders keep the credit decision, using the signals inside their own models. The voice agents are different: they talk to borrowers directly, and when a call escalates to staff isn't described.
Transaction detection is put at more than 98 percent accurate and income identification at 15 to 20 percent better, with insights called explainable. The test method and error rates behind those figures aren't published.
L&T Finance cut NPAs by more than 15 percent and approves loans in under ten minutes, and KISSHT reports loan amounts 25 percent larger. Slice reports collections efficiency more than 15 percent better.
Consent under the account aggregator framework ties data to a stated purpose, which limits reuse, but whether one lender's borrower outcomes train scoring for another client isn't addressed.
The April 1, 2026 privacy policy covers the platform, deletes data within 90 days of a request and names a grievance officer, while subprocessors appear by category only.
ISO 27001 and SOC 2 badges appear on the site, but the SOC 2 type isn't stated and no report is offered.
A technology service provider role inside the Reserve Bank of India's account aggregator framework puts Ignosis under consent and purpose limitation rules a buyer can check, and it also connects lenders to the ONDC and OCEN credit networks.
Approval rates rise more than 20 percent for lenders using these signals, which makes fair lending exposure concrete, yet Ignosis publishes nothing on outcomes across borrower groups or on how declined applicants learn why. Reaching borrowers without payslips is a real inclusion story, but it isn't a fairness disclosure.
A borrower whose income is understated has no described way to contest the estimate behind a decline, and Ignosis publishes no guarantee or correction process.
Public rails with published rules carry the data chain, but no individual aggregator, cloud provider or model provider is named.
Several account aggregators feed the orchestration rather than one, but no core banking, loan origination or bureau integration is named and there's no developer documentation.
Every piece of information is stored and processed only within India, though the cloud provider and region go unnamed.
Data orchestration, analytics and collections are sold without a published price, and whether charges fall per data fetch or per decision isn't said.
Indian banks, digital lenders and insurers are served across lending, collections and distribution, with a page for each function, and the reliance on India's account aggregator rails keeps it to that market.
Compared With
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Pricing
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