Kaleidofin Private Limited

We look forward to the Business Standard – BFSI Summit 2024 where Natasha Jethanandani, Co-founder and CTO, Kaleidofin will be speaking at the panel “Secure Payments in The Digital Age: Mitigating Fraud Risk Emerging Landscape of Financial Crime” The panel, scheduled for November 7th, promises to be an interesting discussion on: * Emerging tech trends revolutionizing banking * Cybersecurity strategies for financial services * AI-driven innovation in financial services * Regulatory landscapes and compliance The other panelists include: Ashok Hariharan, CEO,IDfy, Karan Sapra, Head of Consumer Payments and Financial Services, Google Pay, Ramesh Lakshminarayanan ,CIO,HDFC Bank, sivaram kowta, President Banking,Zeta #fintechforgood #responsiblefinance #SDGgoals #fintechinindia #bsbfsi Vipul Sekhsaria Sucharita Mukherjee Puneet Gupta https://lnkd.in/g2x3VmQ9

Kaleidofin wishes you a very Happy Diwali. Vipul Sekhsaria Sucharita Mukherjee Puneet Gupta Natasha Jethanandani

Discussion and collaboration form the crux of our organizational journey and culture. Differences are treated as opportunities to evolve and not a roadblock. Thank you, Yogesh Kabirdoss, for a wonderful story on our journey. Puneet Gupta Natasha Jethanandani Sucharita Mukherjee Vipul Sekhsaria https://lnkd.in/duGyK-Ti

Super proud to announce that Kaleidofin is amongst the 15 Finalists at the prestigious G20 TechSprint 2024 - Technology for the Planet. https://lnkd.in/dWsyBEw4 We have been shortlisted for our proposal on 'ki score', Kaleidofin’s credit health monitoring model, that supports informed underwriting of productive credit for low-income nano and micro-entrepreneurs. The G20 TechSprint is a joint initiative between the G20 Presidency and the BIS Innovation Hub to seek out best-in-class technological innovations aimed at common challenges and focal priorities of the global regulatory and central banking community. The G20 TechSprint invites global innovators to compete on developing technology solutions on different themes annually. The 2024 edition is being held jointly with Banco Central do Brasil and focuses on developing solutions for sustainable finance to support SDGs The 15 finalists were selected from the 110 proposals submitted from across the globe and the winning solutions will be selected by an independent board of experts. Natasha Jethanandani Puneet Gupta Sucharita Mukherjee Vipul Sekhsaria #financeforgood #fintechinindia #SDGgoals

Proud of our teams that have been working hard on ki score, making it work more accurately for informal sector customers and nano entrepreneurs! Abhijit Magade Deepak Srinivas Kaleidofin Private Limited

✨ 4.9 million credit health profiles through ki score ✨ Proud to share that ‘ki score’- Kaleidofin’s credit health monitoring model, has been used to profile nearly 5 million individuals, with a majority being from new-to-credit segment. The profiles created through ki score, specifies the maximum and minimum loan size that an individual can service, along with an indicative chance of default. The data-led approach helps in reducing the ‘risk perception’ associated with the segment, who may lack standard data points such as GST or tax returns. Till date, our financial service partners have used ki score to underwrite and disburse loans worth USD 2.7 billion. The clarity on an individual’s risk persona helps our partners in expanding their customer base and in making informed decisions such as increasing the loan amount for an individual based on her stated risk. Ki score AL/ML model is trained on millions of individual’s data and also uses multiple alternate data sources. It focuses on creating a holistic risk profile of an individual which includes analyzing multiple aspects such as demand and repayment patterns of the individual, the demographic details such as dependents in the family, mobile data and other alternate data. Vipul Sekhsaria Sucharita Mukherjee Puneet Gupta Natasha Jethanandani #financeforgood #SDGgoals #fintechinIndia

"Making a rainbow world for everyone" Access to formal financial services dramatically improves the ability of a household to plan and achieve their dreams such as, opening a shop, sending the child to school etc. AI and prudent use of available data for our services such as ki score and ki view, has played an important role in helping our financial service partners in expanding the reach of financial services to a much larger group of people. Thank youShilpa Phadnis for highlighting our story. #financeforgood #responsiblelending #startups #AIinlending Natasha Jethanandani Puneet Gupta Sucharita Mukherjee Vipul Sekhsaria https://lnkd.in/dcUZMGyq

Interesting morning in Nairobi with Kaleidofin Private Limited and FSD Africa discussing Building Transformational Debt Capital Markets Driving Financial Inclusion. Key takeaways for me were: Greta Bull highlighted the importantance of building pipes to financially serve women and low income people, and the ecosystem challenge for those institutions to access local wholesale finance. Better regulation and data visability is also needed for growth of productive credit. Mark Napier outlined the work of FSDA in strengthening and deepening financial markets. He stressed that “securitisation should be more normalised and integrated into the financial ecosystem”, as well as sophisticated approaches in market development to deliver social outcomes. An interesting panel on challenges faced by impact-first credit providers (4G Capital Apollo Agriculture Pezesha and Unaitas) followed. Particularly struck by Hilda Moraa’s experience in alternative data collection for credit scoring, leveraging retail supply chains, and “information asymmetary being the biggest elephant in the room”. Some interesting perspectives also from the panel on alternative collateral and perceptions of risk vs data. A second panel with Trade Catalyst Africa Cygnum Capital FDSA Creditinfo Group discussed the role investments play in driving catalytic impact. Some interesting thoughts on the role and engagement of regulators and associations to drive change - with Evans Osano, DBA stressing “the power of bringing people together”. As well as leveraging data analytics and machine learning for efficiencies. Thanks to Sucharita Mukherjee and the Kaleidofin team for inviting me. Looking forward to seeing further innovations in East African capital markets for financial inclusion!

  #FinancialInclusion #DebtCapitalMarkets #EastAfrica #Collaboration #Innovation #financeforgood Natasha Jethanandani Puneet Gupta Sucharita Mukherjee Vipul Sekhsaria

  “On September 19, we had the honour of hosting a workshop in collaboration with FSD Africa, titled “Building Debt Capital Markets to Drive Financial Inclusion.” This event united originators, investors, lenders, guarantors, rating agencies, credit bureaus, DFIs, regulators, thinktanks and researchers to explore innovative financing solutions aimed at enhancing access to capital for underserved communities in East Africa.   The active engagement and collaborative discussions were truly inspiring. Together, we are laying the foundation for the future of debt capital markets in East Africa, aiming to accelerate financial inclusion across Kenya and the broader region. Key insights from our discussions included:   ✅ The need for tailored financial products for women, nano entrepreneurs, and farmers, emphasizing data visibility and innovative underwriting tools. ✅ The significance of wholesale debt capital markets and off-balance-sheet structures like securitizations in achieving meaningful social impact. ✅ Shared challenges among credit originators, highlighting the necessity for affordable financing solutions to serve underserved segments. ✅ Establishing underwriting standards to bring high-quality originators to market as a foundation for development. ✅ Building robust market infrastructure to support impactful credit originators, including standardized templates and risk management tools.   As Peter Drucker wisely said, “The best way to predict the future is to create it.” We look forward to continuing this collaboration and excited for exploring new solutions to expand financial access for all. Vipul Sekhsaria Sucharita Mukherjee Puneet Gupta Natasha Jethanandani #FinancialInclusion #DebtCapitalMarkets #EastAfrica #Collaboration #Innovation” #financeforgood