Cosmos Co-operative Bank, Chairman of CA Milind Kale Inaugurates Imperial Business Ventures Computing Center
Imperative Business Ventures Private Limited (IBVPL), which launched its 1,000+ seat state-of-the-art IT facility in Thane early last month and won nine contracts in just three weeks, is expected to achieve a revenue target of Rs 100 crore by 2025. The company offers software development, digital BPM, digital transformation, SaaS, PaaS, IaaS and cloud services for start-ups and fintech companies.
The inauguration was performed by CA Milind Kale, Chairman of Cosmos Co-operative Bank, while Mr. Vinayak Vispute, Deputy Commissioner of BMC was the guest of honor and inaugurated its ODC (Offshore Development Center) facility. , veteran banker Mr. Anand Chitnis inaugurated his IT work and software innovation lab. Mr. Avadhut Thali, from the BPO industry, inaugurated its Incubation Center for start-ups and fintechs with Mr. Narendra Pawar, former MP for Kalyan, also on the occasion.
Ms. Manjusha Paithankar, Founder and President of IBVPL, says the company is showing excellent performance and will expand its overseas operations starting with the United States, Canada and the Middle East. IBVPL is a fintech conglomerate launched in 2011 by women entrepreneurs with Mrs. Manjusha Paithankar, founder and chairman at the helm. As head of this fintech conglomerate of female entrepreneurs, Ms Paithankar notes her creative team of entrepreneurs, engineers, researchers and industry leaders who have come together to explore opportunities, remove challenges from business processes and introduce innovative business solutions in the area of AI, ML, RPA and Big Data Analytics. She noted the focus on innovative business transformation solutions for BFSI and global clients.
The company’s Impera Core and Diversified CX platforms are designed to replace slow, outdated manual processes with streamlined, automated workflows, improving accuracy and productivity for businesses in the areas of workflow management. documents, credit scoring, customer onboarding, video KYC, OCR data extraction and classification using AI and accounts payable and accounts receivable automation platform. Its innovative business transformation solutions and digital BPM services for customer onboarding, data aggregation and data analytics using AI, machine learning, RPA and of big data analytics are used by major BFSIs, telecommunications, healthcare, e-commerce, media and entertainment.
It is also creating a special technology test lab for banking software and a center of excellence in niche software training, as well as assisting with the placement of candidates in relevant industries.
The company will soon launch a digital payment platform for women entrepreneurs with the aim of enabling them to seamlessly conduct e-commerce transactions online, open up new business avenues in the payments space, making them financially independent. This will therefore help spread financial awareness at the local level.
Ms. Paithankar points out that Imperative’s vast experience of more than a decade, combined with its expertise, has helped make it a strategic partner for its valued patrons. It will continue to deliver smart solutions that will enable businesses to scale further by improving productivity and enhancing customer satisfaction.
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