Chennai based Fintech Platform Raises $2.8 Million
Kaleidofin, a Chennai based fintech platform raises $2.8 million seed funding to accelerate customer acquisition pan-India, expand the company's network of strategic partners, and enable deep investments in technology and analytics.
The funding round was led by Omidyar Network, a Silicon Valley-based impact investing firm established by Pierre Omidyar, the founder of eBay, Blume Ventures, and individual investors, including Israeli serial entrepreneur and inventor, Professor Shlomo Ben-Haim.
Kaleidofin will use this funding to expand its network to include partners in other segments, such as agents, banking correspondents, cooperatives, self-help groups, and microfinance institutions to deliver suitable financial solutions to the underserved at a faster scale.
As per the data, mor...