[How TechCircle Startups Stay Nimble During COVID-19 Times] – Resident Edition: Value3
Name: Abhinav Mishra, Co-Founder & CEO, 34yo, Indian
Technopreneur Circle Resident: Since November 2018
Company: Value3 (FinTech)
Website: http://www.value3-advisory.com/
The company under 20 words:
AI-platform for independent, predictive and automated credit rating, research and analytics to empower investors / risk managers with better decision making.
How has COVID-19 impacted the company / business?
COVID-19 has actually been an enabler for our business and in fact has potential to fast track adoption of our proprietary platform. As the COVID-19 outbreak has led to not only health but also financial, credit and liquidity risks, the need for automation and real time assessment of structured and unstructured data has only increased. We’ve found that more professionals in the financial industry working from home are looking to tap onto digital tools for risk management offered by Value3. Our products in the area of Risk Watch (early warning indicators), Smart Search (real time news flow analysis and risk contextualisation), Market Insights (data analytics, benchmarking, trends and patterns) and Automated Credit Rating platform have received increased interest from financial market participants.
What are some of the adjustments you had to make in order to minimize disruptions?
We formulated a work from home policy and flexible working arrangements well before the circuit breaker started. This formation includes an adoption of Zoom meetings and many active communication channels with clients and ecosystem partners. There was also a heightened focus on digital marketing and social media to create product awareness. Lastly, being prudent in our cashflow management is a must!
Name one technology / platform which you find useful in these times and why?
Zoom – very useful for video conferencing with our team and in other areas too.
Are you currently working from home? If so, how has it been in terms of efficiency?
Yes – I’m more efficient! As a startup with young, energetic and ambitious professionals at our workforce, we have observed that as long as the quality of work, management, product direction, and vision, are all clear and aligned to individual performance goals, the team is by default motivated to act in the best interest of the company.
Any shout-outs / rants you would like to add on?
While the COVID-19 pandemic has no doubt led to serious health, economic and liquidity risks, the extraordinary situation has also provided opportunities for lean and agile startups who offer products that can bring efficiency and digital innovation for clients. As they say – “Necessity is the mother of invention.”
** This article first appeared on TechCircle’s Medium page **