LEO1 is a financial services platform that facilitates educational lending. It offers KYC-verified communication, banking features, data-driven outreach tools, and exclusive benefits to help educational institutions maintain long-term connections with graduates, improve alumni engagement, and support career development.
Appnit Technologies
Acquisition in 2022
Appnit Technologies is an IT company that specializes in providing comprehensive software products and internet network services. The firm focuses on developing a payments technologies platform that delivers end-to-end IT solutions. Its offerings include network design, consulting, project implementation, training, and professional technical support services. The company also provides edge voice and data transmission technologies tailored for telecom operators and service providers. By doing so, Appnit Technologies enables communication service providers to effectively deliver applications suited for entertainment, e-commerce, and enterprise needs.
Happy
Debt Financing in 2019
Happy is India’s fastest growing digital lending platform offering small & short-term business loans to micro businesses in India using alternate data. It believes that "one-size-doesn't fit all" and has innovated in the product design to suit the requirements of the micro-enterprise - Some of the most creative products are - Weekend loans & 90-day loans. The model is dependent on state-of-the-art technology build with Artificial intelligence and machine learning. The risk is based on alternate data and over 50% of the borrowers have absolutely no record with the credit bureau. The entire focus of the business is on the user-experience enabling smart solutions like automated repayment, loan on-tap and so on. The company has partnered with multiple merchant aggregators (POS vendors, BC network, E-commerce platforms & more) to enable their merchants with instant loans.
Rays Power Infra
Venture Round in 2018
Rays Power Infra, established in 2011, is a prominent solar energy company specializing in turnkey Engineering, Procurement, and Construction (EPC) services. With a portfolio of over 620 MW commissioned, they have significantly contributed to India's National Solar Mission. The company operates as a Co-Developer, offering cost-effective investment returns to private equity investors, and also owns projects in the Independent Power Producer (IPP) model for both ground-mounted and rooftop segments. Rays Power Infra has expanded its expertise to include transmission, power distribution, and rooftop segments, providing comprehensive support in consulting, engineering, contracting, and commissioning services. Recognized for its success, the company has been awarded as the "Most Promising Brand in Power and Energy Sector" and ranked among the top global solar EPC players. Rays Power Infra is now expanding its presence across Asia, Africa, and Australia.
OptaCredit
Debt Financing in 2018
OptaCredit is an AI-powered, data-driven online lender serving employees of partner firms. It underwrites short-term unsecured loans by integrating data from public and private sources to assess credit beyond traditional ratios, treating applicants as individuals rather than profiling them by numbers. The Credit as a Service platform enables partner employers to optimize working capital while offering an employee welfare benefit at no cost. Through proprietary machine-learning algorithms for credit scoring, fraud detection, and data verification, OptaCredit provides lender partners with tailored loan options, efficient underwriting, and risk mitigation, expanding access to credit for employees.
Rentickle
Debt Financing in 2017
Rentickle is a rental platform that specializes in providing high-quality furniture, appliances, and home furnishing essentials. Catering to individuals looking to furnish their homes without the burden of purchasing, Rentickle offers a diverse selection of both brand-new and refurbished products. Customers can choose from various tenure options, making it easier to find solutions that fit their specific needs. By offering stylish items at affordable prices, Rentickle aims to simplify the process of turning a rented house into a comfortable home, allowing individuals to avoid the limitations of second-hand goods.