Yubi Group, the world’s only technology company powering the end-to-end debt lifecycle, announced the appointment of Vivek Srikantan as Chief Technology Officer of its subsidiaries Spocto X and YuCollect. With over 25 years of experience scaling platforms at Amazon, Google, and startups, Vivek will enhance the depth of AI/ML in the platform, accelerate automation, and deepen compliance frameworks across Yubi’s debt ecosystem, which today facilitates over ₹1,50,000 Crore in debt volumes and serves 17,000+ enterprises globally.
Vivek brings over 25 years of diverse experience across leading global technology firms, including Amazon and Google. His expertise spans AI-driven product development, large-scale system engineering, and building high-performance technology teams. Since joining Yubi Group in 2022, Vivek has played a pivotal role in re-engineering Spocto’s collections platform into the modern, AI-powered Spocto X. Under his leadership, Spocto X has emerged as a leading compliance-driven collections platform, delivering superior efficiency while ensuring borrower dignity.
Transforming the Debt Collections Industry with AI & ML
The debt collections industry has historically lagged behind in technology adoption, presenting a significant opportunity for disruption. Leveraging AI and ML, Spocto X and YuCollect are pioneering the transformation of this sector. Vivek’s leadership has already driven measurable improvements through AI-powered scoring models, campaign recommendation systems, and behavioral analytics. His focus on agentic AI frameworks will further enhance operational efficiency and customer outcomes.
“Our investments in AI are accelerating at an unprecedented pace. By refining our ML models and automation processes, Spocto X and YuCollect will continue to lead the industry, delivering superior results for lenders while ensuring compliance and dignity for borrowers,” said Vivek Srikantan.
“We are thrilled to have Vivek leading our technology vision at Spocto X and YuCollect. His expertise, combined with our commitment to innovation, will redefine collections as a strategic Collections infrastructure” said Gaurav Kumar, Founder & CEO, Yubi Group.
Vision for Spocto X and YuCollect
As the newly appointed CTO, Vivek envisions establishing Spocto X as the preferred global platform for lenders’ collection efforts, founded on three key pillars: best-in-class collection efficiency, stringent compliance adherence, and complete transparency in collection activities. Spocto X is poised to help lenders achieve their recovery targets while maintaining the highest ethical standards in borrower interactions.
YuCollect, on the other hand, aims to become the platform of choice for collection agencies, addressing a critical market gap. Unlike traditional solutions that focus on lender monitoring, YuCollect is designed to solve real-world challenges faced by collection agencies and their agents. Together, Spocto X and YuCollect will form a comprehensive collections marketplace, creating a seamless ecosystem for lenders and agencies to collaborate efficiently.
Vivek’s immediate priorities for the next 12-18 months include driving substantial technological innovations to enhance collection efficiency, scaling operations exponentially, and expanding the global footprint of Spocto X and YuCollect.