Bengaluru-based SaaS firm Perfios has acquired AI-driven debt management and collections platform CreditNirvana for an undisclosed amount. The deal comes a month after the fintech firm acquired the fraud-detection platform Clari5 (CustomerXPs) to strengthen its crime management suite. The latest acquisition also comes at a time when demand for end-to-end debt resolution solutions is on a rise. New-age platforms such as Credgenics, Spocto X (a Yubi Company), DPDzero, CredResolve, Rezolv, Creditas Solutions and Skit AI among others are streamlining the process for banks, NBFCs andfintechs. The Cornerstone Venture Partners and G A Partners-backed firm was last valued at $8.36 million, and has raised $2.2 million till date. The firm’s FY24 net profit surged 9.2X to Rs 71.67 crore, driven by a 37.1 percent rise in revenue at Rs 557.8 crore. Its domestic operations contributed Rs 505.6 crore to its revenue, while international operations accounted for Rs 52.21 crore.