Ankita Jain

Indian fintech entrepreneur and co-founder of Auric, revolutionizing digital lending in India through AI-driven solutions.

Ankita Jain (b. 1987) is a transformative figure in India's financial technology sector, co-founding Auric - a company that has processed over $3 billion in loans for underserved populations. Her innovative AI-driven credit scoring system uses alternative data like mobile usage patterns to assess creditworthiness, reaching India's 200 million unbanked adults. This approach increased loan approval rates by 40% while reducing default rates by 25%, earning Auric a unicorn valuation of $1.2 billion by 2022. Jain's Financial Inclusion for All initiative has provided over 5 million small businesses access to affordable credit, contributing to India's digital payment revolution. Her partnership with NPCI integrated UPI payments into rural supply chains, enabling real-time financial transactions in remote areas. A vocal advocate for women in tech, she mentors 200+ female entrepreneurs through SheStarts, and her Inc Magazine article on AI's role in financial inclusion has been translated into 8 languages. Jain was named Forbes 30 Under 30 in 2020, highlighting her pioneering work in democratizing financial services.