Kaleidofin Private Limited owns and operates a financial technology platform that provides intuitive and tailored digital financial solutions to the informal sector. It offers goal-based financial solutions on savings, credit, investments, and insurance products to customers. The company provides products, such as umeed, that inculcates the savings habit for families with volatile income; lakshya, savings plan for 2 years and above; udaan, savings plan for long term goals; and kaleidoyantra, proprietary customer profiling algorithm. The company has partnership with banks, insurance companies, mutual fund houses, and technology companies. The company distributes its products through its mobile application, microfinance institutions (MFIs), co-operatives non-government organizations (NGOs), and self-help groups (SHGs). Kaleidofin Private Limited was incorporated in 2017 and is based in Chennai, India.
Kaleidofin Private Limited owns and operates a financial technology platform that provides intuitive and tailored digital financial solutions to the informal sector. It offers goal-based financial solutions on savings, credit, investments, and insurance products to customers. The company provides products, such as umeed, that inculcates the savings habit for families with volatile income; lakshya, savings plan for 2 years and above; udaan, savings plan for long term goals; and kaleidoyantra, proprietary customer profiling algorithm. The company has partnership with banks, insurance companies, mutual fund houses, and technology companies. The company distributes its products through its mobile application, microfinance institutions (MFIs), co-operatives non-government organizations (NGOs), and self-help groups (SHGs). Kaleidofin Private Limited was incorporated in 2017 and is based in Chennai, India.
Arthan Finance is an endeavours to transform small businesses with an objective to provide growth capital to self-employed micro and small enterprises in India with innovative products and services blended with local expertise while ensuring seamless and personalised delivery in a highly technology enabled environment.
ConveGenius is focused on nurturing and harnessing value by providing affordable educational solutions to create impact in large volumes. Their core competence lies in building mobile products/ apps/ games catered for global and local markets likewise. The company is focussed towards providing quality education to children at risk by integrating technology with education and working with state governments to penetrate the rural and semi urban areas of India. It also aims to cater to the global urban market using retailing and e-tailing channels for its various world-class high-end educational solutions. ConveGenius is based out of India and Singapore. Their India office is headquartered in Noida.
DigsConnect.com is the largest student accommodation marketplace in South Africa, established in 2017 and headquartered in Cape Town. The platform serves as a bridge between property owners and student tenants, facilitating connections for both housing and potential roommates. DigsConnect aims to foster a self-sustaining community that offers safe accommodation options near educational institutions while also promoting the formation of lasting friendships among students. Through its services, DigsConnect has successfully linked numerous landlords with students seeking housing, reinforcing its commitment to enhancing the student living experience.
New Apprenticeship is a transformative 15-month tech apprenticeship program designed to give recent grads the skills they need to thrive in the workforce and provide employers with highly qualified and productive talent.
Blowhorn is India's leading intracity logistics provider. We operate in multiple cities and offer forward, reverse logistics for first, middle and last mile within cities
enguru is an ed-tech initiative developed by Kings Learning, focusing on enhancing English language and communication skills among Indian youth to improve their employability. The flagship product, the enguru Spoken English app, boasts over 2.8 million users and offers instruction in 28 languages, catering to various proficiency levels—from basic to industry-specific functional English. The app employs gamified learning and real-time assessments, making it accessible for both individual learners and corporations seeking effective training modules for their employees. Kings Learning also provides app-based and teacher-led programs across corporate, government, and educational institutions throughout India, aiming to address the employability challenges faced by the youth through innovative technology-driven solutions.
Private Equity Round in 2021
Kinara Capital provides flexible loans without property collateral to small business entrepreneurs. The company is focused on lending to growing businesses that require funding for working capital, capital assets, and start-up needs. Kinara Capital focuses on industries such as agri-products, handicraft production, water, food, and energy. Kinara Capital provides personalized customer service with a fast turnaround time by blending data-driven insights with a human touch. Led by a women-majority management team, Kinara Capital has impacted over half a million lives in India. Kinara Capital was founded on 2011 and is headquartered in Bangalore, Karnataka, India.
Avanti Platform is an open-access digital financial spine, flexible enough for users and partners to create, curate and deploy the financial products
Awign Enterprises Pvt. Ltd. provides outsourcing solution. The company offers handling business development, and research based businesses services through a concept of crowdsourcing in outsourcing. It provides virtual internship, networks, industry exposure, and mentorship. The company was founded in 2016 and is based in Bengaluru, India.
Nepris Inc. operates a Web-based platform that connects teachers and industry professionals for making curriculum topics that are relevant to students. Its platform automatically matches the skills of an industry professional with that of a teacher’s request based on a curriculum topic or an activity; and enables an industry professional to virtually connect with a classroom for an interactive discussion with the students or to help evaluate projects in the areas of science, technology, engineering, and mathematics. The company was founded in 2013 and is based in Austin, Texas.
Salesken.ai gives you insights and intelligence for every customer interactions.See how your sales team communicates with customers on calls, presentations, and webinars and get insights into what they are doing right, and where they need help.
iMerit Technology Services Pvt. Ltd. is a data and digital services provider specializing in on-demand solutions tailored for machine learning, computer vision, and natural language processing. Established in 2011 and headquartered in Kolkata, India, the company offers a range of services including data annotation, segmentation, image labeling, enrichment, extraction, moderation, categorization, sentiment analysis, and transcription. iMerit collaborates with global clients to enhance their data, thereby optimizing the performance of their algorithms in various sectors such as e-commerce, augmented reality, and data analytics. The company plays a significant role in advancing transformative technologies, contributing to initiatives like cancer research and autonomous vehicle development. With a workforce exceeding 2,000 employees, more than half of whom are women, iMerit promotes digital inclusion and social change by leveraging an under-resourced talent pool.
Awign Enterprises Pvt. Ltd. provides outsourcing solution. The company offers handling business development, and research based businesses services through a concept of crowdsourcing in outsourcing. It provides virtual internship, networks, industry exposure, and mentorship. The company was founded in 2016 and is based in Bengaluru, India.
SweepSouth is a cleaning service company that connects clients to on-demand domestic cleaners via an online booking platform. It was founded by Aisha R. Pandor and Alen Ribic in 2014 and is based in Sandown, England.
Blowhorn is India's leading intracity logistics provider. We operate in multiple cities and offer forward, reverse logistics for first, middle and last mile within cities
Private Equity Round in 2019
Kinara Capital provides flexible loans without property collateral to small business entrepreneurs. The company is focused on lending to growing businesses that require funding for working capital, capital assets, and start-up needs. Kinara Capital focuses on industries such as agri-products, handicraft production, water, food, and energy. Kinara Capital provides personalized customer service with a fast turnaround time by blending data-driven insights with a human touch. Led by a women-majority management team, Kinara Capital has impacted over half a million lives in India. Kinara Capital was founded on 2011 and is headquartered in Bangalore, Karnataka, India.
Eduvanz Financing Private Limited, established in 2016 and headquartered in Mumbai, India, specializes in providing education loans to deserving candidates at a zero percent interest rate. The company aims to revolutionize the student loan market through innovative loan products and efficient service. Eduvanz focuses on facilitating access to education and skill development, allowing students to pursue new courses or advance their careers. By collaborating with various partners, Eduvanz seeks to support individuals in achieving their educational and financial goals, ultimately promoting financial independence.
Private Equity Round in 2019
Shiksha Financial Services India Private Limited is a non-bank finance company based in Chennai, India, that specializes in providing loans for asset creation, working capital, and school fees within the education sector. Founded in 2014, the company primarily targets education entrepreneurs, particularly those serving middle and low-income communities, to enhance access to quality education. Shiksha Finance offers asset finance loans to private schools, vocational institutes, and coaching centers, enabling them to develop infrastructure and acquire necessary resources. Additionally, the company provides student loans to groups of parents through schools or employers, addressing the financial barriers that schools face in expanding their facilities and improving educational outcomes.
enguru is an ed-tech initiative developed by Kings Learning, focusing on enhancing English language and communication skills among Indian youth to improve their employability. The flagship product, the enguru Spoken English app, boasts over 2.8 million users and offers instruction in 28 languages, catering to various proficiency levels—from basic to industry-specific functional English. The app employs gamified learning and real-time assessments, making it accessible for both individual learners and corporations seeking effective training modules for their employees. Kings Learning also provides app-based and teacher-led programs across corporate, government, and educational institutions throughout India, aiming to address the employability challenges faced by the youth through innovative technology-driven solutions.
IMAX Program is a data drive personalization education product that builds learning genome using school assessments.
BetterLesson, Inc. develops and offers a professional development platform for teachers. Its platform connects teachers to their personal coaches for setting professional development challenges and objectives, creating individualized learning plans, and making teaching strategies. It provides a searchable database to users to find lesson plans, classroom materials, and instructional resources from teachers; browse various documents, presentations, lessons, units, and courses; and share curriculum and connect with fellow educators. BetterLesson, Inc. was incorporated in 2008 and is based in Cambridge, Massachusetts.
Kinara Capital provides flexible loans without property collateral to small business entrepreneurs. The company is focused on lending to growing businesses that require funding for working capital, capital assets, and start-up needs. Kinara Capital focuses on industries such as agri-products, handicraft production, water, food, and energy. Kinara Capital provides personalized customer service with a fast turnaround time by blending data-driven insights with a human touch. Led by a women-majority management team, Kinara Capital has impacted over half a million lives in India. Kinara Capital was founded on 2011 and is headquartered in Bangalore, Karnataka, India.
Private Equity Round in 2017
Kinara Capital provides flexible loans without property collateral to small business entrepreneurs. The company is focused on lending to growing businesses that require funding for working capital, capital assets, and start-up needs. Kinara Capital focuses on industries such as agri-products, handicraft production, water, food, and energy. Kinara Capital provides personalized customer service with a fast turnaround time by blending data-driven insights with a human touch. Led by a women-majority management team, Kinara Capital has impacted over half a million lives in India. Kinara Capital was founded on 2011 and is headquartered in Bangalore, Karnataka, India.
Varthana provides loans and support for affordable private schools. They are a Non-Banking Financial Company (NBFC) headquartered in Bangalore, India.
Nepris Inc. operates a Web-based platform that connects teachers and industry professionals for making curriculum topics that are relevant to students. Its platform automatically matches the skills of an industry professional with that of a teacher’s request based on a curriculum topic or an activity; and enables an industry professional to virtually connect with a classroom for an interactive discussion with the students or to help evaluate projects in the areas of science, technology, engineering, and mathematics. The company was founded in 2013 and is based in Austin, Texas.
NEST Education operates high quality Knowledge-Centers , catering to the knowledge demand of low and middle income group population of urban India. They use technology platforms to provide access to world class content to their students through different media such as Tablets and Interactive Screens. They believe that the best way to transform young lives with knowledge and education is to tap them early, and their programs start for children aged 6 years and above.
enguru is an ed-tech initiative developed by Kings Learning, focusing on enhancing English language and communication skills among Indian youth to improve their employability. The flagship product, the enguru Spoken English app, boasts over 2.8 million users and offers instruction in 28 languages, catering to various proficiency levels—from basic to industry-specific functional English. The app employs gamified learning and real-time assessments, making it accessible for both individual learners and corporations seeking effective training modules for their employees. Kings Learning also provides app-based and teacher-led programs across corporate, government, and educational institutions throughout India, aiming to address the employability challenges faced by the youth through innovative technology-driven solutions.
Blowhorn is India's leading intracity logistics provider. We operate in multiple cities and offer forward, reverse logistics for first, middle and last mile within cities
Chipper Sage aspires to be among the best companies in the business of providing research critical products which facilitate easier learning of difficult concepts for children. Our beneficiaries are children in the age group 2 yrs - 14 yrs. With our products, we want to make the process of learning not just fast and effective but essentially - very interesting, joyful and experiential. We dream of doing that across a wide set of knowledge areas.
SelectJobs is a provider of jobs for candidates at the bottom of the pyramid typical positions are delivery boys, sales, retail, insurance, electricians, plumber, mason etc. They aggregate jobs from several companies in India and the Middle-East and provide these as job opportunities to disadvantaged and economically-backward youth.
Skillveri enables better quality delivery of practical vocational skill training at significantly lesser costs, through its innovative simulators. Its first simulator, AURA, is an award winning welding simulator which is helping bridge the shortage of 2.2 Million welders in India. AURA has found acceptance across leaders in industry and vocational training institutes.
Shiksha Financial Services India Private Limited is a non-bank finance company based in Chennai, India, that specializes in providing loans for asset creation, working capital, and school fees within the education sector. Founded in 2014, the company primarily targets education entrepreneurs, particularly those serving middle and low-income communities, to enhance access to quality education. Shiksha Finance offers asset finance loans to private schools, vocational institutes, and coaching centers, enabling them to develop infrastructure and acquire necessary resources. Additionally, the company provides student loans to groups of parents through schools or employers, addressing the financial barriers that schools face in expanding their facilities and improving educational outcomes.
MasteryConnect is an educational technology company founded in 2009 and based in Salt Lake City, Utah. The company focuses on providing tools that help educators assess student understanding and tailor interventions to meet individual learning needs. By leveraging data, MasteryConnect enables teachers to personalize learning experiences and evaluate their instructional practices. Its services are designed to enhance educational outcomes through innovative solutions that support both teachers and students.
OnlineTyari is a digital platform that offers educational resources, including mock tests and guidance, for students and job aspirants in India preparing for various competitive exams such as SSC, GATE, IBPS, and UPSC. The platform collaborates with educational institutions, coaching centers, and individual tutors to provide quality study materials tailored to these examinations. With a strong presence in the mobile app market, OnlineTyari's Android application has garnered over 2.5 million downloads and is recognized as one of the leading educational apps. Additionally, it has a Windows app that has achieved top rankings in the education category on the Windows app store. The primary goal of OnlineTyari is to support students in excelling in their academic and career pursuits through accessible and comprehensive preparation tools.
Nepris Inc. operates a Web-based platform that connects teachers and industry professionals for making curriculum topics that are relevant to students. Its platform automatically matches the skills of an industry professional with that of a teacher’s request based on a curriculum topic or an activity; and enables an industry professional to virtually connect with a classroom for an interactive discussion with the students or to help evaluate projects in the areas of science, technology, engineering, and mathematics. The company was founded in 2013 and is based in Austin, Texas.
ConveGenius is focused on nurturing and harnessing value by providing affordable educational solutions to create impact in large volumes. Their core competence lies in building mobile products/ apps/ games catered for global and local markets likewise. The company is focussed towards providing quality education to children at risk by integrating technology with education and working with state governments to penetrate the rural and semi urban areas of India. It also aims to cater to the global urban market using retailing and e-tailing channels for its various world-class high-end educational solutions. ConveGenius is based out of India and Singapore. Their India office is headquartered in Noida.
The Jefferson Education Accelerator (JEA) brings together world-class researchers and promising education technology companies to identify solutions that are having a positive impact on student outcomes. Unlike other ed tech accelerators that focus on early-stage startups, JEA targets growth stage education companies, and provides them with business mentorship, access to a network of forward-thinking K-12 and higher education institutions, and the opportunity to work with leading researchers and practitioners to evaluate the efficacy of their products and tools. Through the Jefferson Education Fund, JEA also provides access to investment capital for select ventures in promising companies that show good results.
BetterLesson, Inc. develops and offers a professional development platform for teachers. Its platform connects teachers to their personal coaches for setting professional development challenges and objectives, creating individualized learning plans, and making teaching strategies. It provides a searchable database to users to find lesson plans, classroom materials, and instructional resources from teachers; browse various documents, presentations, lessons, units, and courses; and share curriculum and connect with fellow educators. BetterLesson, Inc. was incorporated in 2008 and is based in Cambridge, Massachusetts.
Avanti is an award winning education company that runs IIT-JEE, science and math test-prep classes across India. Our classrooms use a combination of technology, the flipped classroom method and peer-learning as key components to provide 24x7 access to online content and diligent practice, while ensuring that students are part of engaging discussions.
We aim to create a level playing field for admissions to the country’s top colleges by delivering high-quality maths and science education to students in even the remotest parts of the country. To do this, we use specialised instructional design and world-class technology to consistently deliver high-quality, but affordable education in every learning centre.
iSTAR Skill Development Private Limited provides skill development services in various cities in India. The company’s programs for colleges include placement support, pedagogic techniques, mobile placements, and certificate courses. It provides e-learning, instructor-led training, and training and placement services to corporates; and works for government’s skill development programs. The company was incorporated in 2009 and is based in Bengaluru, India.
iMerit Technology Services Pvt. Ltd. is a data and digital services provider specializing in on-demand solutions tailored for machine learning, computer vision, and natural language processing. Established in 2011 and headquartered in Kolkata, India, the company offers a range of services including data annotation, segmentation, image labeling, enrichment, extraction, moderation, categorization, sentiment analysis, and transcription. iMerit collaborates with global clients to enhance their data, thereby optimizing the performance of their algorithms in various sectors such as e-commerce, augmented reality, and data analytics. The company plays a significant role in advancing transformative technologies, contributing to initiatives like cancer research and autonomous vehicle development. With a workforce exceeding 2,000 employees, more than half of whom are women, iMerit promotes digital inclusion and social change by leveraging an under-resourced talent pool.
Gray Matters India Pvt. Ltd. provides school assessments, educational analytics, and school improvement advisory services in India. It offers school assessments in the areas of student learning and teacher competency; and provides deliverables, such as a detailed school assessment report with findings from the assessment and analysis, a performance presentation to school management explaining findings of the assessment, a recommendation plan for top three growth areas identified through the assessments, and class wise student performance reports for every student in the class. The company also offers student assessment, impact assessment, and school accreditation and ratings. In addition, it offers solutions in the categories that include English, extracurricular activities, mathematics, remedial education, school improvement consulting, school leadership training, teacher training, technology solutions, and other subjects. The company was incorporated in 2013 and is based in Hyderabad, India. As of August 10, 2020, Gray Matters India Pvt. Ltd. operates as a subsidiary of ConveGenius Edu Solutions Pvt Ltd.
Avanti is an award winning education company that runs IIT-JEE, science and math test-prep classes across India. Our classrooms use a combination of technology, the flipped classroom method and peer-learning as key components to provide 24x7 access to online content and diligent practice, while ensuring that students are part of engaging discussions.
We aim to create a level playing field for admissions to the country’s top colleges by delivering high-quality maths and science education to students in even the remotest parts of the country. To do this, we use specialised instructional design and world-class technology to consistently deliver high-quality, but affordable education in every learning centre.
IMPL has created and proved a unique distribution model which reaches inside villages through VLEs (Village Level Entrepreneurs). The VLE model has created viable businesses even in smaller villages. The process of participative product testing and evaluation by end users in actual field conditions makes adoption quick and cost effective. Focusing on rural households as a unit and building a product portfolio to meet the multiple needs of a family and enterprise has created a viable business proposition for small entrepreneurs in the village.
BASIX Sub-K iTransactions Limited provides a mobile technology based transactional platform for access to digitized services to residents of rural, urban, and semi-urban areas. It offers banking services, savings, NREGA and other government payments, money transfers, utility payments, and prepaid mobile top-ups through a network of basic convenience outlets. The company was incorporated in 2010 and is based in Hyderabad, India. BASIX Sub-K iTransactions Limited operates as a subsidiary of Bhartiya Samruddhi Investments and Consulting Services, Ltd.
IntelleGrow serves the ‘missing middle’ enterprises working in sectors which make a positive Environmental, Social and Governance Impact. IntelleGrow offers debt without limiting them on their vintage or the security value offered for the loan – instead, the proposition is based on trajectory of business cashflows. It is not only lending from its Balance Sheet but also syndicating and arranging debt from other sources – gradually emerging as a debt solutions provider for ‘early-stage’, ‘high-growth’ small and growing businesses (SGB) in India.
MasteryConnect is an educational technology company founded in 2009 and based in Salt Lake City, Utah. The company focuses on providing tools that help educators assess student understanding and tailor interventions to meet individual learning needs. By leveraging data, MasteryConnect enables teachers to personalize learning experiences and evaluate their instructional practices. Its services are designed to enhance educational outcomes through innovative solutions that support both teachers and students.
Gray Matters India Pvt. Ltd. provides school assessments, educational analytics, and school improvement advisory services in India. It offers school assessments in the areas of student learning and teacher competency; and provides deliverables, such as a detailed school assessment report with findings from the assessment and analysis, a performance presentation to school management explaining findings of the assessment, a recommendation plan for top three growth areas identified through the assessments, and class wise student performance reports for every student in the class. The company also offers student assessment, impact assessment, and school accreditation and ratings. In addition, it offers solutions in the categories that include English, extracurricular activities, mathematics, remedial education, school improvement consulting, school leadership training, teacher training, technology solutions, and other subjects. The company was incorporated in 2013 and is based in Hyderabad, India. As of August 10, 2020, Gray Matters India Pvt. Ltd. operates as a subsidiary of ConveGenius Edu Solutions Pvt Ltd.
LabourNet Services India Pvt Ltd., established in 2008 and headquartered in Bengaluru, is a social enterprise dedicated to enhancing the livelihoods of informal sector workers in various trades, including construction, manufacturing, leather, and beauty. The organization provides work-integrated job training and vocational education to build the skills and capacities of these workers. LabourNet's initiatives focus on improving productivity through continuous assessment and skill training, facilitating work linkages, and enabling workers to achieve certification for their skills. Additionally, the enterprise offers access to social protection and welfare services, linking workers to state-sponsored schemes and promoting financial inclusion through the establishment of bank accounts and savings programs. By addressing the unique challenges faced by unorganized workers, LabourNet aims to foster sustainable benefits and improve their overall quality of life.
Arohan Financial Services Limited is a non-banking financial company based in Kolkata, India, that specializes in providing a diverse range of financial services primarily to economically active women and small businesses in low-income areas. The company offers microfinance solutions, including small loans for personal and business use, and focuses on facilitating financial inclusion through various products such as loans for shopkeepers, toilet construction, and utility needs. Additionally, Arohan provides supplementary services like group term life insurance and hospi-cash products, along with micro, small, and medium enterprise lending options. Established in 1991, Arohan operates through a network of branches to reach remote locations, thereby enhancing access to financial services for underserved populations. The company is committed to supporting entrepreneurship and development through its loan offerings and financial safety net products.
Private Equity Round in 2013
Micro Housing Finance Corporation Limited, established in 2008 and based in Mumbai, India, specializes in providing housing finance solutions aimed at lower income households, particularly within the informal sector in urban areas. The company addresses a significant barrier to low-income housing development: the lack of accessible financing for households without documentation to prove their incomes. By focusing on this underserved market, Micro Housing Finance Corporation aims to facilitate home ownership among those who typically face challenges in securing traditional financing. The company is regulated by the National Housing Bank, having obtained the necessary Certificate of Registration to operate in this sector.
IntelleGrow serves the ‘missing middle’ enterprises working in sectors which make a positive Environmental, Social and Governance Impact. IntelleGrow offers debt without limiting them on their vintage or the security value offered for the loan – instead, the proposition is based on trajectory of business cashflows. It is not only lending from its Balance Sheet but also syndicating and arranging debt from other sources – gradually emerging as a debt solutions provider for ‘early-stage’, ‘high-growth’ small and growing businesses (SGB) in India.
MasteryConnect is an educational technology company founded in 2009 and based in Salt Lake City, Utah. The company focuses on providing tools that help educators assess student understanding and tailor interventions to meet individual learning needs. By leveraging data, MasteryConnect enables teachers to personalize learning experiences and evaluate their instructional practices. Its services are designed to enhance educational outcomes through innovative solutions that support both teachers and students.
RBL FinServe Ltd. is a financial service provider based in Mumbai, India, that focuses on delivering loans and savings products to low-income households and micro-entrepreneurs. The company offers a range of financial solutions, including loans for micro and small enterprises, basic saving bank deposit accounts, and credit-linked life insurance. By addressing the needs of underserved communities, RBL FinServe aims to empower economically active individuals in urban areas, particularly in cities like Mumbai, which has a significant population of urban poor. Originally established as Swadhaar FinServe Pvt. Ltd. in 2005, the company rebranded to its current name and operates as a subsidiary of RBL Bank Limited. Through its innovative approach to microcredit, RBL FinServe seeks to create a new lending methodology that can be applied to other major cities in India.
Ujjivan Financial Services Limited, founded in 2005 and headquartered in Bengaluru, India, specializes in providing a comprehensive range of financial services aimed at economically active poor individuals in urban and semi-urban areas. The company offers a variety of products, including micro and rural finance, housing loans, personal and vehicle loans, and loans for micro and small businesses. Additionally, Ujjivan provides group and individual insurance products. Its subsidiary, Ujjivan Small Finance Bank Limited, was established in 2016 and focuses on serving financially unserved and underserved segments through banking products, including savings and current accounts, fixed deposits, and an array of loan offerings such as agricultural, educational, and personal loans. Ujjivan operates a significant network of banking outlets and ATMs, reflecting its commitment to financial inclusion in India.
Arohan Financial Services Limited is a non-banking financial company based in Kolkata, India, that specializes in providing a diverse range of financial services primarily to economically active women and small businesses in low-income areas. The company offers microfinance solutions, including small loans for personal and business use, and focuses on facilitating financial inclusion through various products such as loans for shopkeepers, toilet construction, and utility needs. Additionally, Arohan provides supplementary services like group term life insurance and hospi-cash products, along with micro, small, and medium enterprise lending options. Established in 1991, Arohan operates through a network of branches to reach remote locations, thereby enhancing access to financial services for underserved populations. The company is committed to supporting entrepreneurship and development through its loan offerings and financial safety net products.
Janalakshmi Financial Services is a for-profit NBFC serving the urban underserved, with the promoter stake held in the not-for-profit entity Janalakshmi Social Services. This is the only NBFC in India structured in such a manner, with the deliberate intent of keeping the social spirit intact. Janalakshmi Financial Services' market-based approach to financial inclusion is defined by three distinct characteristics: first, an exclusive focus on servicing the needs of the urban poor; second, a strong customer-value driven approach in designing financial products and services; third, the centrality of technology and processes as the foundation of a scalable enterprise.