Argus Partners advised TheData Team

Argus Partners advised TheData Team

Argus Partners acted as the legal advisors to TheData Team and its promoters in relation to its acquisition by Lentra AI Private Limited.

TheData Team is engaged in the business of providing AI based platform solutions to monetize customer data under its brand name Cadenz.ai.

Lentra AI Private Limited is a tailored digital lending cloud platform, and it will utilise TheData Team's behaviour intelligence platform Cadenz to assist banks and financial institutions make better data-driven decisions on customer creditworthiness.

Lentra is an already established fastest growing lending cloud. Since both companies are in the same geography, the coming together of both the companies will provide a boost to their business building.

Sandeep Mathur, Chief Revenue Officer, Lentra believes that, integration of Cadenz platform into the Lentra lending cloud will provide an even bigger competitive edge to the company's clientele in the entire credit lifecycle, from lead generation through origination to and the post-disbursal activities of loan management system, monitoring, collections and risk management.

The Technology & Data Privacy team led by Vinod Joseph (Partner) along with Smriti Tripathi (Senior Associate), Anurag Prasad, and Aryan Mohindroo (Associates) advised TheData Team on the acquisition.