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Vexil Infotech: Navigating Purpose Driven Banking Technology in India

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Shiv Pravesh, CEO & Managing Director

Shiv Pravesh

CEO & Managing Director

India’s banking technology landscape is rapidly transforming, driven by digital integration, embedded finance, and AI adoption. Trends such as Banking-as a-Service, open banking, and fintech innovations are enhancing customer experiences and promoting financial inclusion. With rising IT investments and a growing digital economy, the demand for skilled professionals in fintech, AI, and data analytics is increasing. Companies like Vexil Infotech are playing a key role by delivering agile, scalable, and innovative technology solutions.

Continuing its journey of purpose-driven innovation, Vexil Infotech has steadily expanded while staying true to its mission of empowering financial institutions. Building on a strong foundation and a client-focused vision, the company, established in 2007, set out with a clear goal: to deliver meaningful, practical, and scalable technology solutions to traditionally underserved financial sectors. At the time, many NBFCs and microfinance institutions struggled with paperwork, inefficiencies, and manual processes unlike larger banks that had access to advanced systems. Today, Vexil Infotech proudly serves clients across India, making financial technology more accessible, efficient, and adaptable for institutions of all sizes.

To increase the scope of its presence in the financial technology sector, Vexil Infotech is further consolidating its focus on the evolution of the banking technology, digitalization, and streamlining business processes. It provides customer-centric and unique software services to those varied requirements of financial institutions including Group Loans (MFI), Business Loans, Personal Loans, Vehicle Loans, Wholesale Finance, Supply Chain Finance, Gold Loans, Equipment Loans and Asset Loans. With modular flexibility and strong after-sales support, Vexil Infotech remains a trusted technology partner for NBFCs, MFIs, and fintech companies across the nation.

The Digital Backbone of India’s Financial Future

Continuing its mission to empower financial institutions with robust digital tools, Vexil Infotech offers a comprehensive suite of financial software solutions that cover the entire loan lifecycle from onboarding and KYC to loan disbursal, EMI collection, closure, and legal processes. Its core systems include LOS for managing sales, credit, legal, and technical workflows, LMS for handling repayments, settlements, and claims, and DMS for secure document management. There are other modules like Asset & Inventory Management, integrated Accounting & HR, and Power BI reporting that gives realtime insights. All solutions are
centralized, customizable, and designed to ensure operational efficiency, and deliver seamless financial services.

In maintenance of its customer-centric approach, Vexil Infotech recognizes that one of the biggest challenges today lies in keeping pace with fast-evolving regulatory frameworks. Financial institutions, especially NBFCs, are under constant pressure to meet updated norms around KYC, data privacy, digital lending, and cybersecurity. Additionally, growing customer expectations for mobile first, instant services demand a balance between speed, accuracy, and data security. The digital divide in rural and semi-urban regions also requires software that is simple, accessible, and reliable, even with limited internet connectivity and digital literacy. Backed by ISO 9001:2015 and ISO/IEC 27001:2013 certifications, Vexil Infotech ensures globally compliant, rigorously tested, and audit-ready solutions.

Shiv Pravesh, CEO & Managing Director, Vexil Infotech, says, “We stand firmly by one core principle never saying no to clients. No matter how complex or unique the requirement, our team is committed to delivering the right solution. This proactive mindset fuels continuous innovation and is reinforced by close cross-functional collaboration, where developers, project managers, and support teams work in sync. Many of our most impactful features come directly from real client feedback. We also nurture internal mentoring, with senior members guiding juniors through live projects”.

Vexil Infotech is redefining financial services with smart, scalable, & client-first technology


The Quiet Code Behind India’s Financial Rise

Expanding its commitment to innovation and operational excellence, the company delivers AI/ML-enabled tools such as Geo-Tagging, Geo-Fencing, Aadhaar Masking, OCR AutoEntry, and KYC/CB Report Analysis, along with risk-control tools like Bank Statement Analysis, Loan Default Prediction, and Fraud Prevention. To empower financial institutions with real-time insights, Vexil Infotech offers Power BI-based analytics, including interactive dashboards, POS, PAR, and Aging Bucket Analysis, Portfolio and Operational Cost Analysis, and Employee Performance and Revenue Growth Tracking. Beyond analytics, its robust ecosystem supports cloudbased access, mobile apps with regional language support, digital signatures, and integrated payments via UPI, IMPS, NEFT, and Bharat BillPay. Every tool is implemented with one core objective, i.e. to make clients more agile, efficient, and transparent in their operations.

Reinforcing its digital infrastructure, Vexil Infotech ensures secure operations through comprehensive encryption, role-based access controls, firewall protection, and the use of Tier IV data centers. With its IFS platform, the company bridges the gap between overly complex systems and underperforming tools, offering tailored microfinance and NBFC software each designed to drive efficient, secure, and scalable financial operations across institutions.

As part of its mission to provide high-performance and scalable systems, Shiv Pravesh emphasizes, “We have developed systems capable of supporting up to 50 million transactions annually, leveraging background processing, load balancing, and automated alerting features. For example, a rural NBFC reduced its loan disbursal time from one week to just 24 hours, significantly boosting customer satisfaction and revenue”. To acknowledge its contribution, Vexil Infotech received the Achievers Award from Dainik Jagran and iNext, and the Fever Champions Award from Fever 104 FM for excellence in delivering transformative IT solutions to NBFCs, MFIs, and Fintech institutions.

Looking Ahead

Further advancing its innovation-led roadmap, Vexil Infotech is refining automation in loan approval, enhancing predictive customer analytics and automated compliance processes through AI-driven alerts. Upcoming initiatives encompass the use of voice-assisted support in regional languages, mobile-first platforms simplifications, and expansion into markets of Nepal and Bangladesh, ensuring intelligent, scalable, and reliable fintech solutions that drive sustainable institutional growth.