4 hrs ago
Can Fin Homes Unveils ₹296.95-Crore Project Tejas Transformation Programme
Can Fin Homes has announced a large technology programme called Project Tejas.
It is planned to run for seven years and cost ₹296.95 crore.
The programme will connect the company’s major computer systems.
It will help manage home loans, collections, documents, finances and employee services.
More than 25 fintech partners will be connected to the platform.
This could help customers receive faster updates and complete more steps digitally.
The company also plans to use artificial intelligence for tasks such as reading documents and checking bank statements.
PwC, KPMG and IBM India are helping Can Fin Homes build the new system.
Can Fin Homes launched Project Tejas, a seven-year enterprise-wide digital transformation programme valued at ₹296.95 crore.
The programme will connect core applications and enterprise systems through a modern, API-led and scalable digital framework.
Project Tejas covers lending, collections, deposits, finance, document management, risk, human resources and enterprise reporting.
The platform integrates more than 25 fintech partners to support faster processing, digital collections, customer self-service and real-time operational visibility.
PwC, KPMG and IBM India are supporting consulting, implementation and end-to-end technical integration for the programme.
- Who
- Can Fin Homes Ltd., led by Managing Director and CEO Suresh Iyer, announced the programme.
- What
- The company unveiled Project Tejas, a seven-year, enterprise-wide digital transformation programme valued at ₹296.95 crore.
- Where
- Bengaluru, Karnataka, India.
- When
- September 15; the source does not specify the year.
- Why
- To strengthen technology capabilities, improve operational efficiency, support risk management and make the home-finance customer journey more seamless.
Key facts
- Programme
- Project Tejas, meaning Tech Enhanced Journey for Agility & Scalability
- Value
- ₹296.95 crore
- Duration
- Seven years
- Scope
- Loan origination and management, collections, deposits, finance, documents, risk, asset-liability management, HRMS and reporting
- Digital ecosystem
- Integration of more than 25 fintech partners
- Consulting partner
- PricewaterhouseCoopers (PwC)
- Implementation support
- KPMG
- System integrator
- IBM India Pvt. Ltd.
Quotes
Suresh Iyer
Managing Director and CEO of Can Fin Homes Ltd.
“Project Tejas represents a fundamental transformation in the way Can Fin Homes operates, serves customers and prepares for future growth. By integrating our core applications, cloud infrastructure, data, cybersecurity and digital processes, we are creating a more agile, resilient and scalable organisation. Our focus is to use technology responsibly to simplify customer journeys, strengthen risk management and enable faster, data-led decision-making across the business.”
theprint.in
Sources
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