Solving The Numberz Puzzle

Small and medium enterprises (SME) have often found themselves at the crossroads of banking giants and unorganised cash lenders, where they have had no option but to opt for the latter. But with the digitization drive, SMEs, too, have been inundated with banking opportunities. Even then, they don’t know how to filter out the best from the mess. ADITYA TULSIAN, founder, Numberz is solving the problem for them.

Having worked with the SME sector for many years, it wasn’t long before Aditya Tulsian, Baskar Ganapathy and Rajeev Chari got together to start their own venture, Numberz.

“Baskar and I used to work together in a company called Intuit Inc, which is a global leader in accounting, tax and financial technology solutions for small and medium businesses. While working there, we had launched Quickbooks, an online accounting software in India and Asia. In the whole process, we realised that especially in India, the real challenge lies in the day-to-day cash flow management. The real crux of it all is banking,” said Tulsian.

Numberz is creating a new age business bank offering for SMEs; it works on a simple premise: banking should be the catalyst to deliver higher growth rather than just being a separate stand alone activity. They are integrating business banking solutions in the day-to-day processes of the small businesses.