Bharat Inclusion Seed Fund

Virohan is an EdTech platform focused on providing training for the healthcare industry, established in 2018. It aims to address the disconnect between traditional higher education and industry needs through a demand-led, technology-driven approach. The platform offers standardized, quality learning outcomes via gamified blended learning, which incorporates classroom instruction and long internships at hospitals for practical experience. Virohan operates under a fee-based model and facilitates access to education by providing financial support options that allow students to pay back fees after securing employment. With a market size of approximately $7.5 billion in India, Virohan has trained over 3,000 youth, achieving a job placement rate of over 94%. The company has experienced significant growth, operating in 20 cities and partnering with more than 750 employers. Virohan is supported by various investors and participates in accelerator programs such as Google for Startups and AWS EdStart, enhancing its capacity to connect trained professionals with job opportunities in the healthcare sector.

Kaleidofin is a fintech platform focused on providing comprehensive financial solutions to under-banked individuals and households. Founded in 2017 and headquartered in Chennai, Tamil Nadu, the platform aims to help customers achieve their financial goals by offering tailored services that address the specific challenges faced by this demographic, such as volatile income and limited financial literacy. By creating individual profiles based on various data sources, Kaleidofin customizes its offerings to meet the unique needs of each customer. The platform also emphasizes goal-based financial planning, enabling users to save and invest effectively despite financial uncertainties. Through the use of analytics and user-centered design, Kaleidofin strives to improve financial outcomes for its clients.

MissCallPay is a fintech company offering financial services through digitalized payments.

Developr of a mobile application designed to leverage the community's recommendations along with alternative data. The company's platform provides financial services to self or informally-employed individuals from the low and medium-income segment, enabling individuals to easily convert their dues into EMIs, avail of loan facilities, make credit payments at stores, and avail exciting deals.

Qonect is a digital health platform that aims to make healthcare more affordable for individuals by providing immediate savings on medical and food expenses. It offers a free Digital Health Card, which grants users access to instant discounts on medical bills and medications. The platform also includes features such as medical emergency loans, electronic laboratory test reports, and appointment bookings. By focusing on financial assistance for medical emergencies, Qonect helps users manage their healthcare costs effectively, particularly for those who must pay out of pocket for their medical expenses.

CreditHaat is a loan marketplace that focuses on addressing urgent financial needs by offering a variety of financial products. The company specializes in personal loans, business loans, and credit cards, catering to consumers who meet specific eligibility criteria. By providing flexible lending options, CreditHaat aims to deliver lower interest rates for its loans. Additionally, the platform facilitates instant digital loans, enhancing the accessibility of financial assistance for individuals and businesses alike.

Mool is a digital financial platform focused on advising new savers, particularly in India. The company aims to guide individuals in managing their finances by consolidating various financial aspects into a single, user-friendly interface. Mool assists users in preserving, diversifying, and growing their surplus money, empowering them to take informed actions regarding their financial well-being. By targeting the largest cohort of new savers, Mool seeks to enhance financial literacy and support individuals in achieving their financial goals.

Vitto is a fintech startup that focuses on micro, small, and medium enterprises (MSMEs) by utilizing alternative data for credit risk profiling and automating credit decision-making through artificial intelligence. The company has developed a financial platform tailored for users who prefer local languages, allowing them to access a range of micro-financial services. This platform supports non-banking financial companies (NBFCs), microfinance institutions (MFIs), and other financial entities by offering actionable customer insights and facilitating customer onboarding. Additionally, the platform aids financial institutions in planning and managing field operations, enabling micro-lenders to maintain digital relationships with their clients effectively.

GreyMatter Technologies Pvt Ltd specializes in managed IT services, cloud solutions, and financial services with a focus on agri-fintech. The company aims to mitigate credit risk for farmers by facilitating collaborations between financing companies, farmers, and agricultural input suppliers. GreyMatter provides affordable financing options and emphasizes active asset management to ensure loans are utilized effectively. By promoting research and data-driven farming practices, the company helps farmers reduce input costs, enhance crop yields, and secure better prices for their produce.

Manch is a cloud-native, no-code platform designed to facilitate the digitization of corporate operations across various industries. Utilizing artificial intelligence, Manch enables organizations to easily acquire, store, cleanse, enrich, and distribute external and master data. The platform streamlines data procurement and management processes, enhancing data quality and ensuring regulatory compliance. With a focus on agility and accuracy, Manch supports clients in capturing and authenticating third-party information, as well as verifying transaction workflows, thereby driving productivity and efficiency in their digital transformation efforts. This collaborative and secure solution is tailored to meet the evolving needs of modern businesses.

My Mobiforce operates as a freelance management system, facilitating on-demand recruitment by connecting field workers with service companies. It serves as a platform where businesses can publish their project requirements and find suitable freelance professionals for various tasks, including the installation of enterprise and home appliances, repairs, preventive maintenance, audits, and warehousing. By streamlining the process of matching skilled workers with specific job orders, My Mobiforce enhances efficiency for both freelancers seeking opportunities and companies in need of a technical workforce.

Numer8 is an information technology company specializing in big data analysis services. The company has developed a data analytics application that aggregates data from multiple sources to inform decision-making in various sectors. Its applications are utilized for designing interventions in sustainability, disaster management, coastal community monitoring, infrastructure oversight, wildlife conservation, biodiversity protection, and improving the livelihoods of fisherpeople. By leveraging its technology, Numer8 enables clients to identify fish breeding zones, thereby enhancing revenue opportunities for those in the fishing industry.

Kosh is a financial services platform tailored for service providers, focusing on simplifying the loan acquisition process. It employs advanced machine learning algorithms to recommend savings plans, facilitating collaboration among users through social media groups to borrow collectively. This innovative approach allows blue-collar workers to become micro-lenders within their communities, promoting affordable credit and automated savings solutions. Kosh’s mission is to empower individuals by making financial services accessible and straightforward.

A FinTech Company enabling Lenders and Borrowers to have a seamless, paperless digital experience.

Fundfina is a financial inclusion platform designed to support micro and small enterprises by providing access to affordable financial services. The company focuses on offering products that help businesses grow, manage, and protect their cash flows. Utilizing advanced technologies such as machine learning and data science, Fundfina assesses the behavior and creditworthiness of its users, allowing for seamless digital access to credit and recurring working capital. The platform features an open and secure marketplace, enhanced by a big-data enabled risk engine and API-based integrations, which improves the financing experience for small business owners and retailers. Through its innovative approach, Fundfina aims to empower small enterprises to thrive in a competitive market.

Fello is a savings and investment platform that aims to help users save and invest while earning higher returns than traditional savings accounts. The company has developed a gamified online platform that encourages individuals, particularly gamers, to become financial investors. Users are incentivized to save and grow their money by gaining opportunities to participate in games and lotteries each time they save or invest on the platform. This unique approach not only promotes financial literacy but also enhances user engagement by combining savings with elements of gaming, making the process of investing more appealing and rewarding.

Finarkein Analytics is a data analytics platform tailored for digital service providers, focusing on eliminating information asymmetry to facilitate informed decision-making and promote financial well-being. The platform allows users to connect to open data ecosystems, enabling businesses to leverage this data effectively within a trusted environment. Finarkein's offerings include a no-code workflow orchestration tool and a data playground that empowers users to create data-driven workflows. By prioritizing consent management, the company helps businesses design unique customer journeys while ensuring data security and compliance.

myPaisaa is a digital chit-funding company that offers innovative investment solutions through its platform. It specializes in pocket-sized investments in digital gold, digital chits, and various other digital assets. The company aims to provide a reliable and cost-effective alternative to traditional banking systems by facilitating flexible savings options, high returns, and easy borrowing. Its services include investment plans such as the chota save plan, bada save plan, vacant chits, and features for auction winners, all designed to enhance the savings experience for individuals. Through its revamped digital chit platform, myPaisaa seeks to empower users with better investment choices and financial security.

Riskcovry operates an insurtech platform that offers an "Insurance-in-a-box" solution, providing a comprehensive digital insurance service to various businesses. Its platform caters to a wide range of clients, including banks, non-banking financial companies, retail and payment networks, as well as digital, telecom, and FinTech startups. By utilizing API and SaaS technology, Riskcovry enables businesses to distribute insurance products efficiently without the need for extensive resources such as dedicated teams, technology infrastructure, or regulatory licenses. This streamlined approach allows companies to centralize their insurance-related operations, covering product offerings, technology integration, and compliance requirements in a single, cohesive system.

Pariksha is a leading vernacular EdTech company focused on addressing the challenges of accessibility and affordability in outcome-based education for mobile-first internet users in India. It offers an online test preparation platform tailored for aspirants preparing for state government job exams. The platform employs a subscription-based model that provides an affordable, vernacular learning experience. By incorporating analytics and gamification, Pariksha enhances user engagement through adaptive testing and mastery learning, allowing students to prepare effectively and conveniently for their examinations. The company aims to democratize access to educational opportunities, making quality learning resources available to all.

Riskcovry operates an insurtech platform that offers an "Insurance-in-a-box" solution, providing a comprehensive digital insurance service to various businesses. Its platform caters to a wide range of clients, including banks, non-banking financial companies, retail and payment networks, as well as digital, telecom, and FinTech startups. By utilizing API and SaaS technology, Riskcovry enables businesses to distribute insurance products efficiently without the need for extensive resources such as dedicated teams, technology infrastructure, or regulatory licenses. This streamlined approach allows companies to centralize their insurance-related operations, covering product offerings, technology integration, and compliance requirements in a single, cohesive system.

Setu is a financial technology company focused on accelerating economic growth by enhancing access to formal finance. It provides developers with a low-cost, modular API infrastructure that allows clients to quickly create and implement fintech products or services. By bridging the gap between technology and banking systems, Setu aims to make financial services more accessible to a broader audience.

Aggois is an AgriFinTech startup dedicated to enhancing financial inclusion and digitization within the agricultural sector. The company focuses primarily on post-harvest financing for farmers, offering innovative solutions to improve access to credit. Aggois' flagship product, RapidPay, enables farmers to receive financing against government minimum support price (MSP) receivables, with lower interest rates compared to local money lenders. By collaborating with primary agriculture credit societies as channel partners, Aggois disburses funds directly into farmers' accounts, providing semi-collateralized financing that facilitates quicker payments after harvest and sales. This approach is particularly beneficial for small and marginal farmers, helping them convert irregular receivables into steady cash flows and alleviating cash flow challenges associated with MSP payment delays. Through its platform, Aggois aims to ensure reliability and financial stability for agricultural stakeholders.

Whrrl is a developer of a blockchain-based financial platform that aims to enhance warehouse receipt finance for farmers. By utilizing Internet of Things (IoT) devices, the platform gathers data from warehouses, which is then stored on a blockchain to create an immutable record of collateral, including details such as ownership, quality, and location. This innovative approach enables farmers to secure working capital against their stored goods, thereby increasing their income and reducing reliance on moneylenders. Additionally, Whrrl addresses the issue of fraud in the banking sector related to warehouse receipt finance, aligning its business objectives with a social impact goal of improving farmers' financial stability.

Awaaz.De Infosystems Private Limited specializes in developing inclusive mobile solutions that facilitate last-mile connectivity for social impact. Founded in 2010 and based in Ahmedabad, India, the company offers customizable technology solutions, including IVR, SMS, mobile apps, and web platforms. These tools enable organizations to engage with underserved communities by providing on-demand access to information through voice messages, automated phone calls, and data collection. Awaaz.De's services are utilized by businesses, NGOs, foundations, and research institutions in sectors such as health, education, microfinance, and agriculture, helping to break language and literacy barriers while enhancing communication and outreach efforts.

Frontier Markets operates a marketing and commerce platform dedicated to enhancing rural life in India by providing last-mile delivery services for essential products and services. Catering to 551 million rural customers who lack access to financial and durable goods, Frontier Markets addresses the infrastructure gaps that prevent product companies from reaching these communities. The organization recruits and trains women entrepreneurs, known as Saral Jeevan Sahelis, who leverage the Meri Saheli app to facilitate order coordination, delivery, and real-time data collection, allowing them to earn an average income while remaining in their villages. This innovative approach has enabled 700,000 rural customers to access over one million life-improving solutions, including clean energy, agricultural tools, and homecare products. In response to the challenges posed by COVID-19, Frontier Markets has partnered with fintech and FMCG companies to enhance financial services and essential goods delivery. With a focus on sustainable livelihoods for women and a strong emphasis on digital integration, the organization aims to connect 100 million rural customers with a network of digitally savvy entrepreneurs, ultimately transforming rural access to vital resources and services.

Entitled Solutions, based in Mumbai, operates a financial and health inclusion platform aimed at urban low-income workers. The company collaborates with gig and staffing platforms, as well as employers managing large groups of workers, to provide access to a range of financial advisory services and salary-linked wellness tools. These offerings include health insurance, emergency loans, credit, savings options, and other essential health services. By embedding these resources within the workforce, Entitled Solutions helps organizations enhance employee retention, engagement, and productivity while addressing the financial wellness needs of their workers.

Lakshy Inclusion Services mobile app takes a savings first approach to improve the financial health of urban underserved and increased acceptance of formal financial products.

XaasTag operates a collaborative marketplace platform focused on enhancing the agricultural value chain. This platform facilitates interaction among various participants, including farmers producer organizations (FPOs) and farmers, promoting mutual benefits through cooperation. XaasTag aims to develop and regularize agricultural small and medium enterprises (SMEs) in alignment with the requirements set by the government of India, financial institutions, and insurance companies. By fostering participation and collaboration within the agri value chain, XaasTag seeks to create a more efficient and supportive environment for all stakeholders involved.

Kaleidofin is a fintech platform focused on providing comprehensive financial solutions to under-banked individuals and households. Founded in 2017 and headquartered in Chennai, Tamil Nadu, the platform aims to help customers achieve their financial goals by offering tailored services that address the specific challenges faced by this demographic, such as volatile income and limited financial literacy. By creating individual profiles based on various data sources, Kaleidofin customizes its offerings to meet the unique needs of each customer. The platform also emphasizes goal-based financial planning, enabling users to save and invest effectively despite financial uncertainties. Through the use of analytics and user-centered design, Kaleidofin strives to improve financial outcomes for its clients.

Navana Tech builds text-free, image-based and voice-assisted technology for low-literate smartphone users.

payAgri is a farmer-centric, technology-driven business that operates within the agriculture and food sector, focusing on creating a sustainable and inclusive model throughout the agricultural value chain. Established in 2017 and headquartered in Theni, Tamil Nadu, payAgri connects farmers directly with buyers, facilitating trade and funding flows while generating verifiable and traceable data. This approach helps farmers build assets and eliminates inefficiencies in the value chain, such as reliance on middlemen and cash-based transactions. The company has benefited from support and incubation by various institutions, including IIMA-CIIE, NABARD MABIF, and the Royal Agricultural University in the UK, as well as from insights gained through six years of extensive research in the farming and rural sectors.

RupeeCircle is a financial technology company focused on creating a bankless ecosystem by facilitating direct connections between responsible borrowers and lenders. Founded by a team with a shared vision, the company operates a marketplace lending platform that employs dynamic risk assessment to enhance credit risk management. This approach enables borrowers to access quality credit at competitive interest rates while offering investors attractive risk-adjusted returns. By streamlining the lending process and fostering better deals for both parties, RupeeCircle aims to provide a straightforward alternative to traditional banking.

Bridge2Capital is a financial technology company that has developed an online platform aimed at providing e-invoice funding solutions for small businesses. The platform enables enterprises to access various services, including credit limits and cash flow assistance, as well as the capability to collect bills of purchase. By offering flexible weekly payment options, Bridge2Capital helps small businesses manage their cash flow effectively while securely augmenting their inventory. The platform is designed to simplify financial processes and enhance the overall operational efficiency of its users.

KyePot Ltd is a mobile platform based in London, incorporated in 2015, that facilitates social financial services primarily targeting users in India. The platform enables individuals to create or join savings groups, allowing for community-based saving, lending, and borrowing activities. Users can conduct financial transactions through real-time automated payments via web and mobile applications. KyePot aims to simplify the savings process and enhance financial efficiency by providing access to investment opportunities and transparent borrowing options. Additionally, the platform offers in-app resources for government registration and legal certification related to each chit group, ensuring users have a reliable and cost-effective means of managing their finances.

MIMO Technologies is a B2B firm that specializes in background verification, document collection, digitization, and merchant onboarding services. The company aims to disrupt traditional supply chains by focusing on logistics and distribution, particularly in rural markets. MIMO Technologies employs a strategic framework that emphasizes market selection, combining specific products and geographical considerations to unlock long-term value. This approach positions the firm to enhance its performance and contribute to the development of underserved areas. Through its services and market-oriented strategies, MIMO Technologies seeks to build sustainable business practices and drive growth in rural economies.

At ChitMonks, we are building India’s largest blockchain network for Savings and Borrowings. We synergize Chit Fund Companies, Regulators, Subscribers, Banks, Service providers, EcoSystem enablers to drive the largest trusted network of Savers and Borrowers platform. Our ecosystem will stand for three things Trust, Efficiency and Inclusion. We are building the next generation systems where the trust is programmed across all the participating members in the network.

Setu is a financial technology company focused on accelerating economic growth by enhancing access to formal finance. It provides developers with a low-cost, modular API infrastructure that allows clients to quickly create and implement fintech products or services. By bridging the gap between technology and banking systems, Setu aims to make financial services more accessible to a broader audience.

Yespoho is a young, energetic company that strives to provide products of high quality. Yespoho focuses on the fashion needs of women and kids through apparel, jewelry, and accessories. Yespoho obtains its ethnic clothing from all corners of India, connecting directly with all artisans. Yespoho believes in catering to different types of customers and providing a convenient and safe online shopping experience. In addition to offering high quality products at the right price, Yespoho offers a great guest experience.

SureClaim is a claim advisory service designed to assist customers with health insurance claim issues that arise during medical emergencies. The company offers a straightforward and secure approach to health insurance claim assistance, helping clients navigate insurer queries and determine the necessary documentation for their claims. SureClaim provides step-by-step guidance for online claim preparation and filing, aiming to streamline the claims process and facilitate faster resolutions for customers facing health-related financial challenges.

Jai Kisan is a fintech platform focused on providing sustainable financing solutions for rural emerging markets. The company enables farmers to gain insights into their financial status through an innovative, hyper-localized agriculture credit score, which digitizes their financial information and farming capabilities. By facilitating loans with low interest rates and minimal paperwork, Jai Kisan aims to mitigate the risks associated with capital flow to these markets. The platform operates through a network of physical access points, allowing clients to easily access affordable loans while generating risk-adjusted returns for lenders. This approach supports the financial empowerment of rural communities and enhances their access to necessary resources.

munshiG is a mobile application that provides bookkeeping solutions to simplify financial management for its users. The software allows individuals and businesses to maintain transactional records, log transactions, and track expenses effectively. It offers features such as reminders for saved transactions and the ability to save ledgers, enabling clients to manage their finances with ease. By streamlining the billing process and providing instant calculations, munshiG assists users in maintaining accurate financial records and staying organized.

Finlok is a peer-to-peer financial platform designed to assist users in saving and accessing credit through their social networks and communities. By digitizing the traditional concepts of moneypools and Rotating Savings and Credit Associations (ROSCAs), Finlok leverages mobile and payment technologies to create a seamless experience. The platform primarily targets underserved individuals earning between 8,000 to 25,000 monthly, focusing on building risk profiles based on users' payment and repayment behaviors, as well as group dynamics. This risk assessment is utilized to offer various financial services, including credit, insurance, and investments. Currently, Finlok has introduced a short-term credit product that functions similarly to salary advances or payday loans, which is linked to users' group behavior. The platform emphasizes using savings as collateral to determine creditworthiness, drawing parallels to corporate lending practices, particularly for those with limited credit histories.

GramCover is an InsurTech marketplace focused on providing rural insurance products to farmers in India. The company aims to enhance insurance penetration in rural areas and reduce costs by utilizing technology and a unique distribution strategy. Its mobile insurance platform allows partners to digitally onboard customers at any time, offering various collection options tailored to the needs of rural clientele. GramCover employs extensive data sets and robust underwriting capabilities, leveraging systems like Jan Dhan and Aadhar to facilitate customer engagement. Additionally, the platform features a comprehensive risk analysis tool for crop insurance, enabling insurers and corporates to create personalized insurance products and improve risk assessment. Through these innovations, GramCover strives to make insurance more accessible and efficient for the rural population.

Kaarva is India's first flexible salary platform that empowers employees to access portions of their earned salaries at their convenience, multiple times a month. Unlike traditional salary advances, Kaarva enables users to withdraw smaller amounts as needed, without having to wait for payroll cycles. The platform is designed to provide regular income workers with fair and affordable financial solutions, allowing them to address urgent financial needs with ease and minimal stress. Additionally, Kaarva encourages users to save towards individual goals and offers digital tools that assist in making informed financial decisions. This innovative approach not only enhances employee job satisfaction but also provides companies with a competitive edge in recruitment.

Wonderlend Hubs specializes in LendTech and ChannelTech solutions, offering a digital loan processing platform that utilizes proprietary data to provide real-time financing options for customers. The company comprises a diverse team of designers, programmers, database professionals, and data analysts dedicated to innovating the lending landscape. Their platform includes a loan origination system, a credit assessment framework, a socio-economic profile credit score, and micro plans, which assist clients in making informed decisions regarding delinquency predictions at the time of loan application. Through these advanced tools, Wonderlend Hubs aims to reshape the future of lending and incentive compensation technologies.

Easyplan is a financial technology company that offers an application designed to assist young people in saving money. The application facilitates the automatic transfer of users' target savings from their salary accounts into a low-risk, debt-based liquid mutual fund. This feature enables users to effectively save for their financial goals while promoting overall financial health.

ExpressMOJO is a consulting company specializing in business analysis and information technology, primarily focusing on logistics, transportation, and warehousing. It operates a digital freight exchange platform designed to enhance the efficiency of the logistics sector. By collaborating with a network of trusted transporters, ExpressMOJO aims to improve the livelihoods of drivers and facilitate quicker payment processes for fleet owners. The platform serves as a comprehensive solution for small fleet operators, addressing various transport needs in a streamlined manner.

Kaleidofin is a fintech platform focused on providing comprehensive financial solutions to under-banked individuals and households. Founded in 2017 and headquartered in Chennai, Tamil Nadu, the platform aims to help customers achieve their financial goals by offering tailored services that address the specific challenges faced by this demographic, such as volatile income and limited financial literacy. By creating individual profiles based on various data sources, Kaleidofin customizes its offerings to meet the unique needs of each customer. The platform also emphasizes goal-based financial planning, enabling users to save and invest effectively despite financial uncertainties. Through the use of analytics and user-centered design, Kaleidofin strives to improve financial outcomes for its clients.