TVS Credit Services Ltd. and Indian Institute Technology (IIT) Madras collaborates to design and promote innovation programs and carry out joint research activities. The objective of this partnership is to provide technology solutions in the field of FinTech and Data Science.
As part of the partnership, young professionals will be trained and mentored in innovation programmes, research. The collaboration will bring together academic stalwarts and professionals who will jointly design, develop and deliver cutting-edge technology projects, conduct research and initiate consultancy in the areas of management and financial inclusion.
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Under this alliance, both the organizations will explore opportunities to undertake joint research projects and create academic activities such as short courses, seminars, workshops and conferences. This effort will create a seamless ecosystem between industry and academia to leverage analytics and technology.
Speaking on this collaboration, Venkataraman G, CEO, TVS Credit said, “With an institution like IIT Madras, the future of technology in financial services is an exciting place to participate. Also the importance of skilling and upskilling is more acute than ever. With the rapidly increasing digitization, there is a need to focus on new skills to the young and bright minds which will enable them to provide innovative solutions and thereby help in the growth of our organization.”
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Meanwhile, Professor Ravindra Gettu, Dean, IC&SR – IIT Madras said, “We are delighted to join hands with a leading market player like TVS Credit. Such partnerships help create practical and innovative solutions that can have a lasting impact. We look forward to working together and achieving mutually beneficial results.”
One of the major beneficiaries of this initiative will be the employees of TVS Credit, as innovative solutions and skill training will have a strong potential to revolutionize the industry at large. This partnership also aims to provide scholarships for young minds. By using skills, the NBFC sector can improve resource efficiency and productivity. In addition, this collaboration will promote the progress of research and development.
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