Bengaluru: B2B SaaS TechFin company Perfios has announced a strategic partnership with SatSure, Earth Observation (EO) analytics provider, to revolutionize the agri-lending ecosystem with space-driven decision intelligence.
The initiative aims to streamline the agricultural lending lifecycle, reduce costs, accelerate loan disbursements, and expand credit access for over 100 million farmers across India.
Perfios Collaboration with SatSure to Strengthen Agri-Lending
The Perfios-SatSure partnership will empower banks and financial institutions with advanced EO data insights to transform lending practices.
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SatSure’s flagship products – SatSource and SatCollect – leverage satellite imagery, remote sensing, and AI to provide critical intelligence on crop cycles, farm health, and land use.
Combined with Perfios’ expertise in BFSI digital solutions, the partnership will deliver a seamless and data-backed lending experience.
Sridhar Narayan, Chief Business Officer at Perfios, highlighted that India’s agricultural credit market is expected to cross ₹32 lakh crore by FY 2025-26, intensifying demand on rural financing.
“Our partnership with SatSure is a game-changer, reinforcing our mission to equip financial institutions with advanced technology solutions that drive efficiency and financial inclusion. By integrating SatSure’s Earth Observation capabilities, we provide unmatched clarity and risk management tools, enabling lenders to expand their outreach to underserved rural communities,” he said.
SatSure and Perfios Driving Financial Inclusion
Dhruva Rajan, Chief Commercial Officer at SatSure, added, “This collaboration enables us to extend the reach of SatSource and SatCollect to a wider financial ecosystem. By combining Perfios’ BFSI expertise with our AI/ML-driven insights on cropping patterns and farm incomes, banks can make faster, more informed lending decisions. Together, we are accelerating India’s ambition of financial inclusion by merging fintech innovation with space-based intelligence.”
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Key Benefits of Perfios and SatSure Partnership
- Enhanced Decision-Making: Provides near real-time data insights for smarter loan approvals.
- Accelerated Rural Growth: Facilitates expansion into India’s vast agricultural economy with precise borrower profiling.
- Reduced Risk: Enables proactive monitoring of farm-level stress indicators and smarter loan structuring.
- Operational Efficiency: Digitizes verification and loan disbursement processes, cutting costs.
- Expanded Reach: Supports large-scale identification of viable lending opportunities in underserved regions.
