Stat Decision Labs Wins HOT 1OO: RACE TO GRACE 2017 Award

Mumbai, India – March 15, 2017 – Amidst a gathering of eminent CIOs, angel investors, industry stalwarts, VCs, and corporate heads, Stat Decision Labs has been recognised with HOT 1OO: RACE TO GRACE 2017 Award, which champions innovation and enterprise.

This was the third edition of the Hot 100 Awards, which honour startups providing unique and disruptive technology solutions that work, deliver real benefits, are innovative and potentially address the market at large. This year saw a significant number of entries and the 23 jury member panel was hard pressed to select the winners whose creative use of technology made them stand out. Entries were received from a wide array of fields, from Cloud and Data Analytics to Healthcare, Education, Social Media, eCommerce, IoT, and BFSI, among others.

Winners of the HOT 1OO: RACE TO GRACE 2017 Awards were determined by public voting coupled with scores from an eminent pan-India jury panel. The panel comprised industry stalwarts—CIOs, Investors, Analysts, Commentators and Industry Leaders—who allocated scores and basis their expertise finalised the winners. Selection is made by evaluating the startup’s technological innovation, team strength, opportunity size, and product value proposition. The HOT 100 Awards are a celebration of the entrepreneurial spirit, and seek to recognise and reward India’s most dynamic enterprise-focused startup businesses. Having earned this validation and honour, startups have a platform through which they can introduce their company to the world.

HOT 1OO: RACE TO GRACE 2017 Awards were presented to 100 innovative startups.

“Through the Hot100 Awards we have curate the most validated, trustworthy and promising technology startups in the country,” said Anoop Mathur, Founder & President, Centre Of Recognition & Excellence. “This is done with the help of the CIO community, Angel Investors and the ICT Ecosystem Mentors. I’m very excited for the winners who demonstrated innovation and excellence, with outstanding achievements. I congratulate them on winning this elite tag.”

Stat Labs is a product company in the Big Data Analytics space. Our product, PRESTO CREDIT NIRVANA is a credit management product powered by Big Data predictive analytics for automating the credit management process; using Artificial Intelligence.

PRESTO CREDIT NIRVANA is a unique product providing an integrated platform of big data extraction, predictive analytics using Artificial Intelligence and data visualisation for credit management. Our product automates the credit management process for Application Scoring, Fraud detection & Default management.

We have developed industry proven artificial intelligence algorithms for credit application management, Fraud management and Default management. By this we provide highly accurate predictive analytics driven applications for credit management, solving specific business problems.

Ours is an integrated product which manages both Big Data engineering and predictive analytics using artificial intelligence. As a product company in the Big Data predictive analytics space, we are very delighted by this honour.

KPMG is the knowledge partner for HOT 100 2017.

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