An alumnus of IIT Kharagpur, Basant brings with him to Slice 14 years of experience in the field of data science and analytics. Previously he was leading a team of data scientists at FICO, formerly Fair, Isaac and Co., a data analytics company in San Diego, California. He has worked with clients globally across sectors such as financial services, insurance, telecom, retail and manufacturing.
At Slice, he will be responsible for scaling the data science and analytics team.
“Nitin brings with him tremendous depth and breadth in data science and analytics. Given how slice is already pushing boundaries in terms of simple, customised, and hassle-free customer experience, he will be further driving a culture of data-driven decision-making at slice,” Founder CEO Rajan Bajaj said.
Basant has co-authored five patents in his career so far, three of which received grants.
“I hope to push the boundaries in terms of how we can use data, machine learning and artificial intelligence to deliver an unmatched experience to our customers,” Basant said. Having closely witnessed how data innovation can set organisations apart in the fintech space coupled with my experience at a global analytics firm, have helped me adopt best industry practices. slice has given me the opportunity to marry the two.”
Slice, which claims to have over 3 million users, has continued hiring and strengthening its leadership team through the pandemic. Over the past year, it has recorded a 40%-50% increase in average customer spends.
The fintech startup is backed by leading private equity and venture capital firms such as Gunosy, Das Capital, Finup, Blume Ventures India, Tracxn Labs, Better Capital, Sachin Bansal’s Navi Technologies and angel investors such as Kunal Shah. The credit card platform offers customers flexibility in paying credit card bills as well as reward points on transactions.