A plethora of fintech players in the country is transitioning towards the use of alternative data points to help the vast population of underserved and underbanked masses gains access to credit. Present-day lenders no longer prescribe to traditional credit reports and demand a greater knowledge about the various spending and repayment patterns of prospective customers. Also, conventional credit reports fail to provide ample financial cover as the majority of the Indian populace is unable to receive loans through formal pathways as only a tiny percentage of the masses bear credit cards. Moreover, the traditional modes of credit assessment are incapable of addressing the credit requirements of a population that is characterized by thin credit files.