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Press Release


Home Credit India partners with Kota Police for Project Jagruk

Creates awareness on preventing Cybercrime

Kota, August 30, 2018: Home Credit India Finance Pvt. Ltd, one of India's fastest growing non-banking finance company (NBFC), and part of Czech Republic-based Home Credit Group, has partnered with Kota Police to launch Project Jagruk, a one- of-its-kind initiative aimed at sensitizing and enhancing awareness among police personnel about cybercrime and financial frauds.

The project was launched in Kota today in the presence of Shri Anand Srivatava, Inspector General of Police, Kota Range along with Shri Gaurav Goyal, District Collector, Shri Deepak Bharghav, Superintendent of Police, Kota City, Shri Rajeev Pachar, Superintendent of Police Kota Rural and Mr. Manish Kaushik, Head – Security, Home Credit India. Kota is the sixth city where Project Jagruk has been introduced, after being successfully launched in Gurugram and implemented in Ambala, Mehsana, Bhopal and Visakhapatnam. The project seeks to assist the Police force in reducing financial frauds in the country by sharing best practices with police personnel investigating complex cases pertaining to financial frauds and cybercrime.

Welcoming the launch of Project Jagruk, Shri Deepak Bharghav, Superintendent of Police, Kota City said; "Project Jagruk is a much-needed initiative to tackle problems like cyber stalking, web jacking, theft of online data, virus dissemination, etc. People today are more likely to face situations which could lead them into problem of financial frauds while opting for transactions which are driven technologically. As an important measurement, we intend to provide our citizens a safe and friendly platform aided by technology for online banking, thus protecting them from financial frauds and cyber-crimes. This initiative of Project Jagruk by Home Credit India will play a major role in helping us spread fraud awareness and reduce cybercrimes going forward."

Speaking on the occasion, Mr. Manish Kaushik, Head – Security, Home Credit India said; "We are extremely happy to partner with the Kota police for this important initiative. As a responsible lending organization, we aim at creating a safe environment for citizens who use technology for banking and financial purposes. It is an honor for us to assist and equip police personnel with efficient tools to prevent financial frauds and crimes. We also hope that this will help in creating the right ecosystem of effective and sustained awareness campaign for the society as a whole."

Project Jagruk entails knowledge sharing sessions with police officials across different levels on challenges, issues and measures relating to prevention of cybercrime, cyberbullying, online and financial frauds. These sessions will highlight current prevailing trends through case studies and reference materials.

Since its launch in India in 2012, Home Credit India has been consistently expanding operations across metro, tier I, II and III cities. The company's operations is now spread over 175 cities across 20 states, serving over 6 million customers with a strong network of nearly 29,000 Point of Sale (PoS)

About Home Credit India:

Home Credit India Finance Pvt. Ltd. is a leading consumer finance provider that is committed to drive credit penetration and financial inclusion by offering financial solutions that are simple, transparent and accessible to all. One of India's leading non-banking financial companies (NBFCs), Home Credit India has been consistently expanding operations since its entry in 2012. The company's operations is now spread over 175 cities across 20 states in the country. The company had a customer base of nearly 2 million in 2016, driven by pan-India expansion across major markets, a range of diversified and innovative products backed by superior customer experience. In 2017 alone Home Credit added another 3.5 million customers, further consolidating its position as a leading consumer finance provider. The company has a strong network of more than 29,000 points-of-sale (PoS) from where it serves over 6 million customers. The company's employee base stands at over 16,000. Home Credit India has been recognized by Aon Hewitt as a Regional AON Best Employer 2017 for employer excellence. For more information, visit www.homecredit.co.in

About Home Credit Group:

Home Credit India is part of Home Credit Group, an international consumer finance provider with operations in 10 countries where there is high potential to grow. Founded in 1997, we focus on responsible lending primarily to people with little or no credit history. Our services are simple, easy and fast. We operate in highly attractive markets with significant barriers to entry. We are a leading provider of consumer finance in selected countries. It is our experience and knowledge across the different markets, which sustainably puts us ahead of our competitors. We drive and broaden financial inclusion for the unbanked population by providing a positive and safe borrowing experience – the first for many of our customers. We promote higher living standards and meet borrowers' financial needs. Our 140,100 employees have so far served over 101 million customers through a vast distribution network comprising over 400,000 points of sale, loan offices, branches and post offices. For more information, visit www.homecredit.net

For more information, contact:
Nidhi Malik
nidhi.malik@homecredit.co.in