India · Information technology & services startup

Pennant Technologies Private Limited

Pennant Technologies Private Limited is a financial technology company based in Hyderabad, India.

Funding reportedLast round: Corporate round

Information technology & servicesHyderabad, India

About Pennant Technologies Private Limited

Pennant Technologies Private Limited is a financial technology company based in Hyderabad, India.

Founded in 2005, it specializes in transforming lending operations for banks and financial institutions through innovative, AI-driven platforms. The company offers a comprehensive suite of solutions, including its flagship product, pennApps Lending Factory, which supports the entire lending lifecycle from origination to collections. With a strong presence in Asia and the Middle East, Pennant serves a diverse clientele, including global banks and leading Non-Banking Financial Companies (NBFCs). The company has achieved significant growth, managing over $90 billion in assets and facilitating 100 million loan transactions annually. Recognized for its contributions to fintech, Pennant has been featured in multiple Gartner reports and was named the fastest-growing technology company in the Deloitte Technology Fast 50 India 2024.

What company datasets say Pennant Technologies Private Limited raised

Funding, as reported

Reported in all2.7Bin the source's currency
Rounds1
Last roundCorporate round
Last round size36.7M
Last round dateOct 2023
Investors listed1

Founders and team

From Pennant Technologies Private Limited's own website: 2 founders, 5 on the team.

Rama Krishna RajuFounding Director & CEO
Pradeep VarmaFounding Director & MD
  • P Sai KrishnaVice President – Product Engineering
  • Prashant Anil KVice President – Client Services
  • Rajeev SharmaChief Business Officer
  • Sireesh PatnaikChief Product & Technology Officer (CPTO)
  • Ravi Varma DatlaCHRO & Head of Compliance

The company, in detail

What they build

Known for

interest calculationscalable fintechlending market placemortgage and nonmortgage loan brokersfinancial institutionsreal-time dataloan management softwareregulatory reporting toolsnbfc core lending suiteenterprisesmulti-region complianceasset financeasset-backed lendinginformation technology & servicesregulatory reportingfinancial services

Built with from their website

GitHub ActionsApache Hadoop HDFSDockerContact Form 7Google Tag ManagerSalesforce Service ClouddbtWordPress.orgLinkedin Insight TagGoogle Ads

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Sector
Information technology & services
Industry code
NAICS 52231, 51321, 541511, SIC 3571, 7372, 7371
Region
Telangana
Full record
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Information technology & services in India

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