• FOUNDING YEAR: 2006
    LOCATION:
    India
    REGION:
    MH
    Last Update:
    27 Sep, 2018

Description

FOCUS

PRODUCTS & SERVICES:
Customer Enrolment Solutions - It has developed applications that can be used to acquire micro customers in the field using simple processes and minimal hardware. Hardware Solutions - provides a full suite of biometric products for enrolment, storage and verification with all back end system elements. Operation Solution - it manages data messaging to generate information for day-to-day planning and management of operations. Company aims at meeting the financial products and services needs of unserved and underserved retail customers through all possible channels.
REVENUE MODEL:
Viewable by subscribers only
MAIN CLIENTS:
Banks, governments & insurance companies
EXISTING PARTNERSHIPS:
20+(Axis Bank,ICICI Bank,Canara Bank ,etc) banking partners. 10+(Government of Karnataka,Uttar Pradesh,Jharkhand,etc) government partners. 5+(Reliance General Insurance,HDFC Ergo,etc)insurance partners. Janalakshmi and Bajaj Auto Finance enterprise partners.
COMMENT
The company works as an agent for banks and provide services like opening bank accounts, collecting deposits, disbursing government payments to beneficiaries and enabling remittance transactions from urban to rural areas.

PEOPLE

FOUNDERS:
Rishi Gupta, Rajeev Arora
NUMBER OF EMPLOYEES:
1000+

TRACTION

Insufficient information for accurate analysis

MOMENTUM

FUNDED:
YES
TOTAL FUNDING:
$37.6 Millions
DATE OF LAST FUNDING:
Jul 2016
TOTAL FUNDING COMMENT:
An undisclosed amount raised in July 2016.

LATEST RESEARCH