Quiklo is building a proprietary next generation Credit Risk Engine, which uses 1,000+ data points, including derived data, to build a robust underwriting and management strategy. These data points are derived from multiple non-traditional and alternate data sources. They are catering to a segment which does not have a credit history or a CIBIL score. They believe this segment is equally aspirational and credit worthy as the one with a CIBIL score. Their core technology will determine the credit worthy borrowers among these young millenials.