Privue Secures Angel Round Funding for AI-Powered Risk Intelligence
Privue, a Gurugram-headquartered startup focused on AI-powered risk intelligence for enterprises, has successfully secured an angel round of funding. The round saw significant participation from prominent industry leaders, including owners of large manufacturing companies, senior leaders from real estate, wealth management, and insurance.
About Privue
Founded by Saurabh Verma and Snehil Vijay, Privue operates under Nexvue Technologies Private Limited and is building a web-based AI risk analytics application that converts fragmented data into predictive intelligence on dealers and distributors.
- AI Risk Analytics Application: Privue's application ingests data across public and proprietary sources to score dealer risk and algorithmically generate credit terms.
- Dealer Discovery: Companies can search from a database of over one million dealers, filtered by HSN code and location, with each dealer assigned a quality score derived from publicly available information.
- Onboarding and Risk Assessment: The application runs assessments covering GST turnover-based capacity, compliance, and credit bureau profiles, and recommends credit terms calibrated to the dealer's risk profile and the company's policy.
- Automated Invoicing and Collections: The application detects early signals of dealer stress before they turn into bad debt and automates reminders for post-dated cheque and bank guarantee due dates.
Key Features and Benefits
Two of the application's agentic AI capabilities have found particular resonance with clients:
- Conversational Workspace: CFOs and Business Development heads can query their dealer portfolio in natural language and get specific answers in minutes.
- AI Calling Agent: The application handles follow-up calls for overdue collections, cutting the time finance teams spend chasing payments without adding headcount.
Future Plans and Expansion
Privue plans to target enterprises across pharma, MedTech, Consumer Electricals, Agro, chemicals, and other manufacturing sectors, where dealer and distributor networks form the backbone of distribution.
About the Founders
- Saurabh Verma: Co-founder and CEO, an alum of SRCC and ISB Hyderabad, with two decades of financial risk management experience, including seven years at Moody's.
- Snehil Vijay: Co-founder and CPO, an IIT Roorkee alum who worked at HSBC and JP Morgan before starting Privue.