Case Study: NinjaCart reduces credit risk and improves lending decisions with Monnai

Scaling Credit for India’s Largest Agri-trade Network

NinjaCart, India's largest agri-trade network, faced significant challenges in assessing credit for its customers. The informal nature of the agricultural sector meant traditional data sources were insufficient, making loan disbursals slow and complex. To achieve sustainable growth, they needed a way to quickly and accurately assess risk, especially for New to Credit customers. They partnered with Monnai for its comprehensive credit decisioning system.

By implementing Monnai's platform, NinjaCart gained access to alternative data through a single API, enabling real-time credit decisions. This solution provided a holistic view of customers and integrated various data packages for robust assessment. The partnership with Monnai resulted in a 3x reduction in payment delinquency and a 25% reduction in Days Past Due for new customers. Furthermore, NinjaCart achieved a 1.5x increase in credit limits for trusted customers, driving higher transaction values.

NinjaCart

Ankita Kuila

Group Product Manager