Kaleidofin Private Limited, India’s first neobank for the informal sector customer, today announced "it closed an INR 360 million Series A round led by Oikocredit, an impact investor with four decades of experience in financial inclusion".
Founded in 2017 by Sucharita Mukherjee and Puneet Gupta, Kaleidofin provides curated, goal-based financial solutions to customers in the underbanked segments using proven financial planning and wealth management principles.
It creates individual “personas” of households through multiple sources of information, such as the demographic profile, income sources, asset ownership, among others, to tailor specific financial solutions for its customers.
“India is witnessing a transformational change in the way financial services are available and accessed, especially in the underbanked sector.
Omidyar Network India is part of The Omidyar Group, a diverse collection of companies, organizations and initiatives, supported by philanthropists Pam and Pierre Omidyar, founder of eBay. | To read full story, visit https://startuparound.com/read/1576983745.4897153/Oikocredit-leads-INR-360-million-Series-A-funding-of-Kaleidofin?ref=audio_experience