Tata Capital’s big bet on being a digital-first entity

Tata Capital Leads Digital Transformation with AI Chatbot TIA, Achieves Remarkable Growth and Recognition.

Expert Analysis:

• Recognition as Best NBFC in Innovation: Tata Capital, led by Rajiv Sabharwal, emerges as the Best NBFC in Innovation in the BT-KPMG Best Banks and NBFCs Survey 2022-23.

• Strategic Digitalization Initiatives: Strategic digitalization embraces platforms like WhatsApp, Alexa, and Google Assistant, setting new industry benchmarks.

• Introduction of Multilingual Support: Introduction of multilingual support and AI-powered chatbots like TIA showcases Tata Capital's commitment to cutting-edge technology.

• Innovative AI-Powered Chatbots: TIA achieves an impressive 98% first-time response rate, attributed to innovative Generative AI integration.

• Strategic Team Expansion and Fintech Partnerships: Sabharwal highlights a remarkable expansion in Tata Capital's analytics team, growing from 10 to 40 members over the past two years. Simultaneously, the tech team has flourished, expanding from 20 to 120 members. Furthermore, Tata Capital has forged partnerships with over 150 fintech firms, underscoring its commitment to innovation and collaboration in the financial sector.