TVS Credit and IIM Trichy Sign MoU to Boost Innovation

New Delhi, India – TVS Credit Services Ltd, India’s leading financial services provider, and the Indian Institute of Management Trichy (IIMT) signed a Memorandum of Understanding (MoU) to boost innovation, R&D, and collaboration in developing new solutions to promote financial inclusion in the country. As one of the country’s fastest-growing NBFCs, TVS Credit’s partnership with the leading B-school, IIMT, will create opportunities to leverage the collective talent and expertise of both institutions for product development, knowledge creation, and research in management and public policy.

The partnership would bring together academic and industry heavyweights and professionals to design, develop, and deliver cutting-edge technological solutions in management and financial inclusion. The strategic collaboration will also serve as a platform for training and mentoring young professionals. Through this collaboration, both organizations are leveraging analytics and technology to create a seamless ecosystem between industries, academia, and government agencies. These solutions will be provided through consulting, research projects, placements, management development programs, and case studies. The first beneficiaries of this initiative will be TVS Credit employees and IIMT students. The agreement has the potential to completely transform the industry. Furthermore, it is expected to assist the NBFC sector in improving resource efficiency and productivity.

On the collaboration, Venkatraman G, Chief Executive Officer, TVS Credit, said, “The signing of the MoU with IIM Trichy will create the foundation for future collaboration between the two institutions. TVS Credit has been successfully empowering people across sectors and helping them fulfill their aspirations. It has been a constant endeavor of TVS Credit to steer industry growth and national development by encouraging product innovation and nurturing young talent. The outcomes from such initiatives will help us drive organizational growth and serve our customers and the nation better for years to come. The collaboration will help boost innovation, R&D, and help in designing new solutions to promote financial inclusion in the country.”

Against this backdrop, Dr Pawan Kumar Singh, Director, IIM Trichy, started, “We welcome this significant initiative that formalizes and strengthens our relationship with the leading market player, TVS Credit, a company which is well-known for its services and values. We look forward to making the collaboration fruitful on multiple platforms and focus on mutual knowledge exchange initiatives. Such partnerships will help construct concrete and innovative solutions, thereby creating a long-lasting impact.”

To this, Dr Prashant Gupta, Chairperson, Executive Education and Consulting, IIM Trichy, added, “We are pleased to be associated with TVS Credit. This partnership could lead to a mutually benefitting journey in the coming time with a special focus on programmes such as Management Development Programme (MDP) and Leadership Development Program (LDP). Furthermore, it will mentor the students at IIM Trichy and offer them immense industry exposure.”

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