Rench
About Us
At Rench, we are building an AI-powered infrastructure platform to automate and simplify the treasury, compliance, and wholesale lending workflows of Banks, NBFCs, and financial institutions. Today, there are 100s of software (LOS’, LMS’) to digitise retail lending products. However, the borrowings / treasury of lenders, which is worth $435 bn, 6000+ compliance line items, and entire wholesale lending monitoring across 2.5 cr. borrowers continue to remain highly manual, fragmented, and error-prone.
Sector
FinTech | AI | Software/SaasS | Enterprise Tech
Website
www.onrench.com
Location
Gurugram
Stage
Early
India has over ₹37 lakh crore ($435 Bn) in borrowing transactions annually, with an additional ₹10 lakh crore ($117 Bn) in payment flows and ₹3 lakh crore ($35 Bn) in investments. The compliance and treasury tech stack is ripe for disruption as financial institutions face increasing complexity, volume, and regulatory scrutiny. We estimate a ₹1,000 Cr ($120 Mn) software revenue opportunity with 80%+ gross margins, targeting 1,500+ large lenders in India and expanding to APAC and GCC regions.
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Opportunity
TEAM
Led by a team that has built and exited fintech startups like Paytail, Goldsetu, and Qbera—products that have been adopted by institutions such as ICICI Bank, Standard Chartered, DBS, and InCred.
CO-Founder 1
Co-founder of Paytail, ex-C2FO (ICICI, DBS, Standard Chartered), seasoned in enterprise sales..
CO- Founder 2
Co-founder of Goldsetu, Qbera (acquired by InCred), expert in SaaS GTM and B2B commerce.
CO-Foiunder 3
Ex- Microsoft, InMobi, Confluent – Tech leader with experience building enterprise-grade AI, big data, and streaming infrastructure across global adtech and fintech platforms