Bharat Inclusion Seed Fund

Virohan is an innovative EdTech platform established in 2018 that focuses on training for the healthcare industry. It aims to address the gap between traditional education and industry needs through a demand-led, omnichannel training approach. Virohan utilizes a technology-driven model to deliver standardized learning outcomes at scale, emphasizing the development of core technical skills, language abilities, and life skills through gamified blended learning. The platform offers courses that include long internships at hospitals, allowing students to apply their skills in real-world settings. Its fee-based model provides financial support through installment-based repayment options once students secure employment. Virohan has successfully trained over 3,000 individuals, with more than 94% achieving job placements. With operations in 20 cities across India and partnerships with over 750 employers, the company has experienced significant growth, doubling its business year over year. By leveraging technology to predict job demand and streamline training and placement processes, Virohan enhances operational efficiency and lowers costs, positioning itself as a key player in the estimated $7.5 billion healthcare training market in India.

Kaleidofin is a fintech platform based in Chennai, Tamil Nadu, India, founded in 2017, that aims to provide comprehensive financial solutions for under-banked individuals and households. By creating customized profiles based on various data sources, Kaleidofin tailors its services to address the unique financial challenges faced by these segments, such as irregular income and limited financial literacy. The platform offers goal-based financial solutions that help users save and manage their money effectively, while also considering their financial volatility. Through a user-centered design and leveraging existing networks and analytics, Kaleidofin empowers customers to achieve their financial goals and improve their overall financial health.

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 dedicated to making healthcare more affordable for individuals. The company provides a free Digital Health Card, which offers instant discounts on medical expenses, including bills for medical services and medications. In addition to financial assistance during medical emergencies, Qonect facilitates access to e-lab test reports and supports outpatient department appointment booking. By focusing on reducing out-of-pocket healthcare costs, Qonect aims to ensure that users can access quality medical care promptly and efficiently.

CreditHaat is a loan marketplace focused on addressing urgent financial needs by offering a range of financial products, including personal loans, business loans, and credit cards. The company provides consumers with access to loans at competitive rates, contingent on meeting specific eligibility criteria. Additionally, CreditHaat facilitates instant digital loans, enabling users to secure funds quickly and conveniently. By prioritizing flexibility in loan offerings, CreditHaat aims to cater to diverse financial requirements for both individuals and businesses.

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 financial technology startup that focuses on micro, small, and medium enterprises (MSMEs) by utilizing alternative data for credit risk profiling and automating credit decision-making with artificial intelligence. The company has developed a platform tailored for users who prefer local languages, facilitating easy access to micro-financial services. Vitto's comprehensive offerings cater to non-banking financial companies (NBFCs), microfinance institutions (MFIs), and other financial entities. The platform enhances operational efficiency by providing actionable customer insights and support for customer onboarding, as well as assisting field officers in their planning and activities. This combination of services enables micro-lenders to foster and maintain digital relationships with their clients.

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

Manch is a technology company that offers a cloud-native, no-code platform aimed at facilitating the digital transformation of corporate operations across various industries. The platform is designed to enable organizations to efficiently acquire, store, cleanse, enrich, and distribute both external and master data. By leveraging artificial intelligence, Manch streamlines data procurement and management processes, enhances data quality, and ensures regulatory compliance. This allows clients to agilely and accurately capture and authenticate third-party information, as well as verify transaction workflows. The company's emphasis on a paperless and collaborative environment positions it as a vital resource for organizations seeking to improve productivity and efficiency in their operations.

MyMobiforce is a company that operates a freelance management system designed to connect field workers with service companies. The platform facilitates on-demand recruitment by allowing businesses to publish project requirements and match them with suitable freelancers. This system benefits both the workforce, who can find freelance project opportunities, and corporations seeking skilled technical personnel for tasks such as appliance installation, repairs, maintenance, audits, surveys, and warehousing.

Numer8 is an information technology company specializing in big data analysis services. It develops data analytics applications that aggregate information from diverse sources. These applications are utilized to create targeted interventions across various sectors, including sustainability, disaster management, coastal community monitoring, infrastructure oversight, wildlife conservation, and the livelihoods of fisherpeople. By enabling clients to identify optimal fish breeding zones, Numer8 enhances revenue opportunities for those in the fishing industry while supporting broader environmental and community goals.

Kosh is a financial services platform that focuses on empowering service providers, particularly blue-collar workers, by simplifying access to credit and savings solutions. The platform employs advanced machine learning algorithms to recommend personalized savings plans, facilitating a community-oriented approach to lending. By enabling users to form social media groups for collaborative borrowing, Kosh allows individuals to become micro-lenders within their communities, thereby promoting affordable credit and automated saving strategies. The company's mission is to make financial management accessible and straightforward for those in need.

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

Fundfina Technologies is a financial technology company that focuses on providing accessible financial services to micro and small enterprises (MSMEs) and business proprietors. The company operates an embedded financial inclusion platform designed to help users grow, manage, and protect their cash flows. Utilizing advanced technologies such as machine learning and data science, Fundfina assesses the creditworthiness of its users and their likelihood to engage with various financial products. This allows customers to easily access credit and secure recurring working capital through a seamless digital process. The platform emphasizes affordability and security, creating an open marketplace for financial services tailored to the needs of small businesses.

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 and promoting informed decision-making. The company offers a versatile data playground that facilitates the creation of data-driven workflows, catering to users' needs without necessitating coding skills. By enabling connections to open data ecosystems, Finarkein Analytics allows businesses to leverage data effectively within a trusted environment. This empowers organizations to craft unique customer journeys while ensuring compliance with consent management. The platform is designed to democratize financial well-being, making data accessibility and usability a priority for digital platforms.

myPaisaa is a digital chit-funding company that focuses on providing accessible investment opportunities in digital gold, digital chits, and various digital assets. The company aims to offer a savings solution that surpasses traditional banking systems in terms of affordability and reliability. Its platform features a range of investment services, including digital gold, as well as specific savings plans tailored for different needs. By revamping the traditional chit model, myPaisaa enables individuals to engage in flexible savings, achieve high returns, and access easy borrowing options, thereby making financial planning more straightforward and efficient.

Riskcovry is an insurtech company that provides a comprehensive "Insurance-in-a-box" platform, designed to meet the digital insurance needs of a variety of businesses. Its client base includes banks, non-banking financial companies, retail organizations, payment networks, as well as digital and telecom sectors, along with FinTech and technology startups. The platform offers a seamless and holistic insurance lifecycle, allowing businesses to leverage its API and SaaS technology for insurance distribution without the burdens associated with traditional models, such as building teams, acquiring technology, and navigating regulatory compliance. By centralizing all aspects of insurance products and processes, Riskcovry enables its clients to efficiently integrate insurance offerings into their existing operations.

Pariksha is the largest vernacular EdTech company in India, focused on providing accessible and affordable, outcome-based education tailored for mobile-first internet users in Bharat. The company has developed an online test preparation platform that assists aspirants in learning, practicing, and preparing for state government job examinations. Pariksha's platform features a subscription-based model that offers a vernacular program enhanced by analytics and gamification, including adaptive testing and mastery learning. This approach aims to facilitate a convenient and enriching preparation experience for students, thereby democratizing access to learning opportunities and addressing significant challenges in education accessibility.

Riskcovry is an insurtech company that provides a comprehensive "Insurance-in-a-box" platform, designed to meet the digital insurance needs of a variety of businesses. Its client base includes banks, non-banking financial companies, retail organizations, payment networks, as well as digital and telecom sectors, along with FinTech and technology startups. The platform offers a seamless and holistic insurance lifecycle, allowing businesses to leverage its API and SaaS technology for insurance distribution without the burdens associated with traditional models, such as building teams, acquiring technology, and navigating regulatory compliance. By centralizing all aspects of insurance products and processes, Riskcovry enables its clients to efficiently integrate insurance offerings into their existing operations.

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 focused on financial inclusion and digitization within the agricultural sector. The company specializes in post-harvest financing for farmers, offering direct disbursement of funds into farmers' accounts at lower interest rates compared to local money lenders. Aggois works closely with Primary Agriculture Credit Societies (PACS) as channel partners and has developed its first product, RapidPay, which provides financing against government Minimum Support Price (MSP) receivables. This product benefits small and marginal farmers by ensuring faster and higher payments post-harvest sales. Additionally, Aggois' platform offers reliability assurance to farmers through quality, quantity, traceability, and maximum price guarantees, converting erratic receivables into regular cash flows and helping farmers mitigate cash flow issues arising from MSP payment delays.

Whrrl is a developer of a blockchain-based financial platform focused on providing warehouse receipt finance to farmers. By utilizing Internet of Things (IoT) devices, the company collects and records data from warehouses, creating an immutable blockchain record of collateral characteristics, including 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 traditional moneylenders. Whrrl aims to address significant financial challenges in the agricultural sector while also promoting social impact through enhanced financial access for farmers.

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 is a company focused on enhancing the quality of life for rural customers in India by providing access to essential products and services. Recognizing that 551 million rural individuals lack sufficient infrastructure for economic improvement, the company utilizes a women-centric model to foster local entrepreneurship. Frontier Markets recruits and trains women, known as Saral Jeevan Sahelis, who leverage a digital platform, the Meri Saheli app, to facilitate door-to-door sales and deliveries. This approach not only empowers women but also enables them to earn a sustainable income while serving their communities. The company has successfully connected over 700,000 rural customers to more than one million quality solutions in sectors such as clean energy, agriculture, and homecare. By collaborating with fintech and FMCG companies, Frontier Markets offers additional services, including doorstep ATM access and essential goods delivery. With a strong emphasis on local distribution and technology, Frontier Markets aims to scale its operations and connect 100 million rural customers with a network of digitally proficient women entrepreneurs, effectively addressing the last-mile delivery challenge in rural India.

Entitled Solutions is a Mumbai-based startup that focuses on providing financial and health inclusion services to urban low-income workers. The company collaborates with employers, gig platforms, and staffing agencies to offer a range of salary-linked financial wellness tools, including health insurance and emergency loans. By embedding access to credit, savings, and various health services, Entitled Solutions aims to enhance workforce retention, engagement, and productivity. Its comprehensive platform addresses the unique financial and health needs of workers, thereby contributing to their overall well-being and financial stability.

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 is a collaborative marketplace platform focused on enhancing the agricultural value chain. It facilitates participation and cooperation among various stakeholders, including farmers and Farmer Producer Organizations (FPOs). The platform aims to support the development and regularization of agricultural small and medium enterprises (SMEs) in accordance with the regulations set by the government of India, as well as the needs of financial institutions and insurance companies. By fostering collaboration among these participants, XaasTag seeks to create a more efficient and beneficial environment for all involved in the agricultural sector.

Kaleidofin is a fintech platform based in Chennai, Tamil Nadu, India, founded in 2017, that aims to provide comprehensive financial solutions for under-banked individuals and households. By creating customized profiles based on various data sources, Kaleidofin tailors its services to address the unique financial challenges faced by these segments, such as irregular income and limited financial literacy. The platform offers goal-based financial solutions that help users save and manage their money effectively, while also considering their financial volatility. Through a user-centered design and leveraging existing networks and analytics, Kaleidofin empowers customers to achieve their financial goals and improve their overall financial health.

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

payAgri is a farmer-centric agri-fintech company based in Theni, Tamil Nadu, established in 2017. The company focuses on creating a sustainable and inclusive model in the agricultural value chain, connecting farmers directly with buyers to streamline trade and funding flows. By leveraging technology, payAgri enables farmers to generate verifiable and traceable data, which helps eliminate inefficiencies such as middlemen and cash-based transactions. With a strong foundation built on six years of rigorous on-field research in the farming and rural sector, payAgri aims to empower farmers, enhance their asset-building capabilities, and improve overall operational efficiency in the agricultural market. The company is supported by various prestigious institutions and initiatives, emphasizing its commitment to fostering financial inclusion within the agriculture sector.

RupeeCircle is a modern finance company focused on creating a bankless ecosystem by directly linking responsible borrowers with lenders. Founded by a team of visionaries, the company aims to provide a straightforward alternative to traditional banking. It operates a marketplace lending platform that employs dynamic risk assessment to enhance credit risk management. This approach allows RupeeCircle to offer borrowers access to quality credit at competitive interest rates while delivering risk-adjusted returns for investors. By fostering better deals for both parties, RupeeCircle seeks to redefine the lending landscape and promote financial inclusivity.

Bridge2Capital is a company that has developed an online financial platform aimed at providing e-invoice funding to small businesses. The platform offers a range of services, including credit limits, bill collection, and cash flow assistance, which enable enterprises to manage their finances more effectively. By facilitating flexible weekly payment options, Bridge2Capital helps small businesses enhance their inventory while ensuring secure financial transactions. The company focuses on addressing the unique financial needs of small enterprises, allowing them to operate with greater liquidity and efficiency.

KyePot Ltd is a London-based company that operates a mobile platform designed to facilitate social financial services, particularly in India's markets. Incorporated in 2015, KyePot enables users to create and join social savings groups, allowing them to engage in community-based saving, lending, and borrowing. The platform offers real-time, automated payment capabilities through both web and mobile interfaces, making financial transactions convenient and efficient. Users can invest, borrow, and earn with minimal effort, while also accessing essential government registrations and legal certifications related to their participation in various chit groups. This approach provides users with a transparent and cost-effective means of managing their financial activities.

MIMO Technologies is a B2B company that specializes in providing background verification, document collection, digitization, and merchant onboarding services. The firm aims to disrupt traditional supply chain models by focusing on the development of rural markets. MIMO Technologies employs a strategic framework designed to unlock long-term value by carefully selecting specific rural markets and aligning them with a combination of products and geographic opportunities. This approach positions MIMO Technologies to enhance its operational performance and drive sustainable growth.

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 that focuses on assisting customers with health insurance claims during medical emergencies. The company offers an easy, secure, and transparent approach to navigating the complexities of health insurance claims. By providing step-by-step guidance, SureClaim helps customers resolve queries with insurers and identify the necessary documentation for their claims. The service aims to streamline the process of online claim preparation and filing, enabling customers to settle their claims more efficiently and effectively.

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 developer of mobile application software focused on simplifying bookkeeping and financial management for its users. The company's software enables clients to maintain transactional records, log transactions, and track expenses efficiently. It also includes features that send reminders upon transaction saves and facilitates the creation and management of ledgers. By providing tools that allow for instant calculation and saving of transactions, MunshiG aims to enhance the ease of billing and overall financial tracking for its clients.

Finlok is a peer-to-peer financial platform designed to facilitate saving and accessing credit within social networks and communities. By digitizing the traditional concepts of moneypools and ROSCAs, the platform leverages mobile and payment technologies to create a seamless experience for users. Targeting underserved individuals with monthly earnings between 8,000 and 25,000, Finlok focuses on building risk profiles based on payment behavior, group dynamics, and additional factors. This information is utilized to offer various financial services, including credit, insurance, and investments. Currently, Finlok has implemented a short-term credit product that functions similarly to a salary advance or payday loan, linked to group behavior. The platform employs a model that uses savings as collateral for lending, akin to corporate loans that consider the Debt Service Ratio, thus catering to retail lending, particularly for users with limited or no credit history.

GramCover is an InsurTech marketplace focused on providing insurance solutions tailored specifically for rural India, particularly for farmers. The company develops and brokers rural insurance products, aiming to enhance accessibility and affordability through technology-driven innovations. GramCover's mobile insurance platform allows partners to digitally onboard customers and issue insurance policies instantly, utilizing various payment collection methods suited for rural communities. By leveraging data from initiatives like Jan Dhan and Aadhar, GramCover enhances its underwriting capabilities and offers comprehensive risk analysis tools for crop insurance. This approach enables insurers and corporates to create personalized insurance products, thereby increasing penetration and reducing costs in underserved rural markets.

Kaarva is India's pioneering flexible salary platform that empowers employees to access portions of their earned salaries as needed, without relying on traditional salary advances. The platform is designed for regular income workers, allowing them to withdraw small amounts of their salaries multiple times a month in response to urgent financial needs, thereby eliminating the wait for payroll. Kaarva offers fair and affordable advances with minimal hassle, enabling users to manage their finances more effectively. Additionally, the platform provides digital tools to support better financial decision-making, contributing to enhanced employee job satisfaction and giving organizations a competitive edge in recruitment.

Wonderlend Hubs is a technology company focused on transforming lending and incentive compensation through innovative LendTech and ChannelTech solutions. Comprising a diverse team of designers, programmers, database professionals, and data analysts, the company aims to reshape the landscape of financial services. It offers a digital loan processing platform that utilizes proprietary data to deliver real-time financing options. This platform includes a loan origination system, a credit assessment framework, and a socio-economic profile credit scoring mechanism, enabling clients to make informed predictions regarding potential delinquency during the application process. Through its comprehensive approach, Wonderlend Hubs seeks to enhance the efficiency and effectiveness of lending operations.

EasyPlan is a financial technology company that specializes in developing an application designed to assist young individuals in saving money effectively. The app automates the process of saving by transferring a user's target savings directly from their salary account into a low-risk liquid mutual fund. This approach enables users to build their savings with ease, facilitating the attainment of their financial goals while promoting better financial health. Through its innovative solution, EasyPlan aims to empower the younger generation in managing their finances more effectively.

ExpressMOJO is a business analysis and information technology consulting firm that specializes in logistics, transportation, and warehousing solutions. The company operates a digital freight exchange platform designed to enhance the efficiency of the logistics industry. By collaborating with a trusted network of transporters, ExpressMOJO aims to improve the livelihoods of drivers and facilitate quicker payments to fleet owners. This approach provides small fleet operators with a comprehensive solution for their transportation needs, streamlining their operations and supporting their business development efforts.

Kaleidofin is a fintech platform based in Chennai, Tamil Nadu, India, founded in 2017, that aims to provide comprehensive financial solutions for under-banked individuals and households. By creating customized profiles based on various data sources, Kaleidofin tailors its services to address the unique financial challenges faced by these segments, such as irregular income and limited financial literacy. The platform offers goal-based financial solutions that help users save and manage their money effectively, while also considering their financial volatility. Through a user-centered design and leveraging existing networks and analytics, Kaleidofin empowers customers to achieve their financial goals and improve their overall financial health.