Wednesday, April 24

Tag: Savings

Chennai based Fintech Platform Raises $2.8 Million
10Apr By NitishNo Comments
FUNDING

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...
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How Financially Ready Are You For Retirement?
1Jul By PriyankaNo Comments
ANALYSIS

How Financially Ready Are You For Retirement?

How will your retirement life look like? Have you thought anything about it? Most of us would give the answer in No. Most of us believe the idea of living in the present time and therefore, we end up ignoring the future. We splurge on things, and retirement planning is most often left for people above 45 or 50 years. According to the United Nations World Population Prospects, the 60-year segment in India is expected to reach 323 million by 2050. With increasing life expectancy and inflation rates, it becomes imperative to support one’s sunset years. Ensuring that your life remains comfortable, and all your family expenses are covered in the absence of regular earnings are the primary reasons saving for retirement is so essential. Here are the steps you need to follow to help y...
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