Can Fin Homes has unveiled 'Project Tejas', a Rs 297 crore digital transformation initiative to modernize its core lending, finance, and risk infrastructure. Spanning seven years, the project has already been implemented across 177 of the company's 266 branches since starting in early 2025. By integrating cloud-enabled tools and AI-driven document processing, the company aims to improve operational efficiency, fraud controls, and customer service.
Can Fin Homes Commits Rs 297 Crore to Tech Transformation
Rs 297 crore investment over 7 years; Project Tejas implemented across 177 branches.
Reader Takeaway: Project Tejas aims to digitize lending and risk processes, though success hinges on full branch-wide adoption.
What just happened
Can Fin Homes has launched 'Project Tejas', a comprehensive digital overhaul of its enterprise infrastructure. The company is investing Rs 297 crore over a seven-year period to move toward a cloud-enabled, data-driven operational model. The implementation phase began in February 2025 and is currently active in 177 out of 266 total branches, following a successful pilot program launched in July 2026.
Why this matters
This transition marks a significant shift away from legacy systems toward an agile framework. By centralizing key business functions—such as underwriting, collections, and document management—the company expects to improve its decision-making speed and operational resilience. The inclusion of AI-enabled document processing and bank-statement analysis is intended to automate manual workflows and strengthen fraud prevention measures.
Partners and Ecosystem
The project involves a diverse consortium of industry leaders to ensure technical success. Consulting giants PwC, IBM India, and KPMG are involved in the strategic rollout. Technology infrastructure is supported by major players including AWS, Microsoft, and Fortinet, while specialized lending technology providers like Pennant Technologies, Newgen, and Knight FinTech are providing the core digital tools.
Risks to watch
The primary challenge remains the seamless integration of these new digital workflows across the remaining branch network. Investors should monitor whether the anticipated efficiency gains translate into reduced operational costs and improved asset quality as the system scales fully.
What to track next
Management is expected to provide updates on the completion timeline for the remaining 89 branches and evidence of concrete improvements in loan processing turnaround times.