# Kaleidofin Pvt.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/kaleidofin-pvt

- Industry: Financial Services
- Headquarters: Chennai, India
- Website: www.kaleidofin.com/
- Total disclosed funding: $25M
- Latest round: Series B (Feb 19, 2024)
- Investors on record: 12

## About

Kaleidofin Pvt. Ltd. is an Indian fintech company focused on enhancing financial services accessibility for underbanked and unbanked communities through its innovative digital platform.Kaleidofin Pvt. Ltd. specializes in providing financial services tailored for the informal sector. Founded in 2017 and headquartered in Chennai, India, the company has engaged in 5 deals to date. Notably, in May 2025, Kaleidofin Pvt. Ltd. raised approximately INR 445 million in venture funding led by IDH The Sustainable Trade Initiative. The co-founders include Puneet Gupta, Sai Ramesh, Sucharita Mukherjee, and Vipul Sekhsaria, with Sucharita Mukherjee currently serving as the CEO.Kaleidofin's primary offerings focus on a digital platform that democratizes financial services access, particularly for underbanked populations in India. The company offers innovative lending solutions featuring advanced credit assessment models designed for the informal sector, utilizing AI/ML-driven credit scoring based on over 30 million data points. Additionally, Kaleidofin provides goal-based financial services, including savings, credit, and insurance products, through partnerships with banks and microfinance institutions. This platform is designed to ensure seamless user engagement across a diverse clientele in India.In 2023, Kaleidofin reported a revenue of USD 281,746, while the EBITDA for the same year was USD -2,826,225.1. The company generates revenue by partnering with financial institutions to implement co-lending arrangements and by offering lending as a service, enhancing access to credit through its proprietary technology.

The company will use the May 2025 funding to grow its lending portfolio and improve its middleware, credit scoring, and risk service offerings through new partnerships with corporates, banks, MFIs, and NBFCs.

## Funding rounds

- Series B, Feb 19, 2024, $1.4M — Oikocredit, Michael and Susan Dell Foundation, Trifecta Capital, On Mauritius, Flourish Ventures
- Series B, Apr 26, 2022, $6.8M — Michael and Susan Dell Foundation, Bill & Melinda Gates Foundation, Alteria Capital
- Series B, Nov 29, 2021, $9.2M — Oikocredit, Michael and Susan Dell Foundation, Blume Ventures, Omidyar Network, Milestone Trusteeship Services, Bharat Innovation Fund, On Mauritius, Flourish Ventures
- Series A, Dec 20, 2019, $5.1M — Oikocredit, Blume Ventures, IIMA Ventures, Omidyar Network, Milestone Trusteeship Services, On Mauritius, Flourish Ventures
- Seed, Nov 15, 2017, $2.8M — Blume Ventures, Omidyar Network, Milestone Trusteeship Services, On Mauritius

## Investors

- Blume Ventures (https://capitalatlas.ai/funds/blume-ventures) — Seed, Series A, Series B
- Omidyar Network (https://capitalatlas.ai/funds/omidyar-network) — Seed, Series A, Series B
- Milestone Trusteeship Services — Seed, Series A, Series B
- On Mauritius — Seed, Series A, Series B
- Oikocredit (https://capitalatlas.ai/funds/oikocredit) — Series A, Series B
- IIMA Ventures (https://capitalatlas.ai/funds/iima-ventures) — Series A
- Flourish Ventures (https://capitalatlas.ai/funds/flourish-ventures) — Series A, Series B
- Michael and Susan Dell Foundation — Series B
- Bharat Innovation Fund (https://capitalatlas.ai/funds/bharat-innovation-fund) — Series B
- Bill & Melinda Gates Foundation — Series B
- Alteria Capital (https://capitalatlas.ai/funds/alteria-capital) — Series B
- Trifecta Capital (https://capitalatlas.ai/funds/trifecta-capital) — Series B