About Thelvay Systems

Kumaravel Srinivasan (Kumar)

Founder, CTO & Principal Architect

Kumar is the founder and CTO of Thelvay Systems, bringing together two decades of software architecture expertise with over 13 years of hands-on experience in the unsecured business lending sector. A Microsoft Certified Professional (MCAD .NET), he combines deep technical knowledge with practical understanding of lending operations.

Technical Background

Kumar's technical career began in 1997, working on ERP systems before moving to the UK in 1999. Over 13 years in the UK, he worked with leading organizations including Pentafour Software, Wideworld Services, Capgemini, and i-deal (now part of Ipreo).

At Ipreo (2007-2012), Kumar spent 5 years as Senior Engineer of Application Development in European Capital Markets, working on equity bookbuild systems and capital markets data warehousing. This experience provided deep expertise in financial systems, high-volume data processing, and mission-critical applications used by investment banks across Europe.

His technical expertise spans .NET/C#, enterprise architecture, database design, and modern development practices. Throughout his career, Kumar has maintained hands-on involvement in architecture and development, never straying far from code and technical problem-solving.

Greenshoot Solutions & Transition to Fintech (2012 - 2026)

In 2012, Kumar returned to Chennai and founded Greenshoot Solutions as a technical consultancy. Initially providing software architecture services, the company evolved as Kumar became operationally involved in the unsecured business lending sector, both as a technical consultant and investor.

This unique dual role—combining software architecture expertise with active participation in lending operations—provided invaluable insights into the operational challenges and inefficiencies in the industry. During this period, Kumar continued developing technical solutions including lending management tools, document analysis prototypes, and mobile applications using Xamarin during the COVID period.

The hands-on experience revealed a critical gap: the lack of systematic, data-driven tools for document processing and financial analysis in unsecured lending. This realization, combined with recent advances in OCR and machine learning technologies, laid the groundwork for Thelvay Systems.

Founding Thelvay Systems (May 2026)

Thelvay Systems represents the convergence of Kumar's 20+ years of software architecture expertise and 13+ years of domain knowledge in unsecured business lending. As Founder and CTO, Kumar leads the technical vision and architecture of all products.

The company's flagship Bank Statement Analyser system leverages multiple OCR engines and machine learning to extract and analyze financial data from bank statements, GST returns, and other documents. The platform includes automated transaction classification, pattern recognition, and comprehensive reporting capabilities that enable faster, more informed lending decisions.

Thelvay Systems operates with a technical development team alongside data analysts who ensure quality and accuracy in document processing operations. The technology stack is built on modern .NET technologies including .NET 10, C#, Blazor Server, SQL Server, Docker, and Azure.

Vision

Kumar's goal is to establish Thelvay Systems as the technology backbone for unsecured business lending operations, providing tools that bring transparency, efficiency, and data-driven decision-making to the emerging lending sector. By combining proven enterprise architecture patterns with deep industry knowledge, Thelvay Systems aims to transform how lending decisions are made.