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Business

Mamaearth Partnership With Reliance Retail Becomes 1000 Stores Strong

Jun 12, 2024 by Sujata Muguda 0 Comments #Co-founder and CEO, #Gurugram, #Honasa Consumer Limited, #Mamaearth, #Mamaearth Partnership With Reliance Retail, #Mr. Varun Alagh, #Smart Bazaar

Gurugram, India – 12th June’ 2024: Honasa Consumer Limited, owner of its flagship brand Mamaearth, a fast-growing House of Brands for personal care,is now available at over 1000 Smart Bazaar/ Smart Point store across the country.

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Mamaearth, a brand that is committed to providing safe, natural, toxin-free products, has gained a loyal customer base owing to its innovative product offerings. This collaboration with Reliance Retail Ventures Ltd. is a significant milestone in the brand’s journey to further strengthen its offline channel presence and make its products accessible to a wider audience.

Commenting on this milestone, Mr. Varun Alagh, Co-founder and CEO, Honasa Consumer Limited says, “At Honasa, we believe that we need to be available where our consumers want to shop the brand. The partnership with Reliance Retail is also an extension of our endeavor to make toxin free, safe products accessible to a wider set of consumers. We are 1000 stores strong now and with the increasing demand for Mamaearth products, we will hopefully continue to grow and increase our footprints through this collaboration.”

The collaboration between Mamaearth and Reliance Retail is set to provide consumers with easier access to Mamaearth’s product range, further reinforcing the brand’s value proposition for toxin-free beauty products made with natural ingredients.

Abhijit Bhave- CEO, Fisdom Priavte Wealth

Business

Fisdom forays into tech-led HNI Wealth space; appoints Abhijit Bhave as the CEO of Fisdom Private Wealth

Sep 9, 2021 by Rekha Nair 0 Comments #Abhijit Bhave, #CEO, #Co-founder and CEO, #Fisdom, #Fisdom Private Wealth, #Subramanya SV

New Delhi: Fisdom, India’s leading wealth-tech company, has announced the launch of its new venture – ‘Fisdom Private Wealth’. The company has entered the technology-led wealth management space to cater to the investment needs of HNIs. It has roped in wealth management industry veteran, Abhijit Bhave as the Chief Executive Officer to head Fisdom Private Wealth.

Fisdom Private Wealth will be offering differentiated investment products to its clients – Mutual Funds, PMS, AIFs, Unlisted private equity, Bonds, FDs, Structured products, Insurance as well as international products. This new arm of Fisdom under the aegis of Abhijit Bhave, also plans to launch various other proprietary products in the due course. Fisdom Private Wealth aims to bridge the gap of underserved HNI markets in the country with a robust tech-platform augmented with dedicated support by experienced wealth managers.

Over two and a half decades across the financial services industry in India, UAE and Vietnam, Abhijit has held leadership roles in large global organizations like Deutsche Bank & HSBC. He has also had stints with Karvy Private Wealth, ICICI Bank and Unit Trust of India in various roles and functions across diverse verticals such as asset management, cash management, corporate and retail banking.

Fisdom has pioneered a unique bank partnership-led wealth management model that provides access to high-quality services to customers in tier 2 and tier 3 locations. In the near future Fisdom Private Wealth will also look to extend its services to the HNI customers of Fisdom’s partner banks as well.

Fisdom Private Wealth has started-off its business with 50 people at 10 locations in India including Mumbai, Delhi NCR, Lucknow, Chandīgarh Kolkata, Bangalore, Surat, Pune, Baroda and Bhopal, with an objective of widening its reach to serve HNIs across the country and even overseas. This new venture plans to further provide a new dimension to wealth management offerings through technology and empower HNIs to take superior decisions in their investment journey.

Fisdom Private Wealth also has a dedicated application (App) that provides fast and secure transactions with a user-friendly interface. Apart from the app, clients also have the choice to have in-person consultations – thereby offering a mix of digital and physical solutions and making it a “Phygital” wealth management business proposition for HNIs.
Subramanya SV, Co-Founder and CEO, Fisdom said, “We are delighted to venture into private wealth segment and welcome Abhijit to lead this business with his proven expertise and experience. With Fisdom Private Wealth, which is one of our major strategic initiatives, we aim to transform the way HNIs experience their wealth management journey. Through our robust and secure technology infrastructure, we endeavour to provide best-in-class wealth management solutions backed by comprehensive research and capabilities. With Abhijit’s experience in multiple facets of the financial services sector in different geographies, we are confident that he will help this create an impactful business, assisting our HNI clients in achieving their investment goals.”

Abhijit Bhave, CEO, Fisdom Private Wealth said, “I am excited to embark on a new journey with a dynamic brand like Fisdom. India is a relatively under-penetrated market for private wealth segment, especially in tier 2 and 3 cities. This gives us an opportunity to expand the reach of our technology-led products and services, thereby making Fisdom Private Wealth accessible to the Indian affluent class not only in the untapped domestic markets but also internationally.”

Business, News

OnMobile Global Acquires 100% Stake in AI Powered Visual Retention Leader rob0

Aug 13, 2021 by Rekha Nair 0 Comments #Chief Executive Officer, #Co-founder and CEO, #Executive Chairman, #François-Charles Sirois, #Krish Seshadri, #OnMobile Global, #Richard Rispoli, #Technologies rob0 Inc

OnMobile Global Limited (“OnMobile”), the global leader in mobile entertainment announces the 100% acquisition of rob0, through its subsidiary OnMobile Global Solutions Canada Ltd. This investment is in continuation to the initial acquisition of 25% equity stake in May 2020.

rob0 (incorporated in Feb 2019) offers best-in-class patent pending Vision AI technology. The platform gathers, analyses and provides smart insights that help to clearly understand user behaviour, optimise gameplay and increase player retention.

This investment by OnMobile, is the second major step towards creation of ONMO, the D2C mobile cloud-gaming platform, after the acquisition of Appland AB, Sweden in October 2018. These strategic acquisitions lay the foundation of technologies which form the pillars of ONMO.

Alongside, OnMobile has hired a stellar team of product managers, engineers and marketers who are working on developing ONMO, which is built on three key mobile gaming trends (eSports, Social and Short Form Gaming) and two disruptive technologies (AI and Cloud Streaming), and is currently being Beta tested in 3 locations globally. rob0’s low bandwidth session streaming and AI generated user spotlights will be a key tool in making ONMO a global success.

Commenting on this acquisition, François-Charles Sirois, Executive Chairman, OnMobile Global, said, “rob0’s acquisition brings to life our ONMO mission of creating the best gaming moments that bring esports to everyone in one click, and takes us a step closer to our goal to be the uncontested leader in social esports globally.”

Krish Seshadri, Chief Executive Officer, OnMobile Global, said “rob0 has been an integral part of our cloud gaming product, ONMO. rob0’s technology and Vision AI picks the best parts of a game and helps ONMO create thousands of short, unique challenges for mobile casual esports players.”

“We’re excited to help build the next generation of mobile gaming. OnMobile’s vision for the future of casual games is inspiring and I’m proud to see our vision AI technology playing an essential role in making it possible.”, said Richard Rispoli, Co-Founder and CEO, Technologies rob0 Inc.

Business, News

Pickrr raises funding of Rs 85 crore ($12 Million) led by IIFL, Ananta Capital and Amicus Capital

Aug 11, 2021 by Rekha Nair 0 Comments #Ajith Nair, #Amit Mehta, #Badri Pillapakkam, #Co-founder and CEO, #Director at Amicus Capital, #Partner at Omidyar Network India, #Pickrr, #Principal at IIFL Private Equity, #Rhitiman Majumder

National: Pickrr, a SaaS based logistics-tech start-up providing complete logistics and warehousing solutions to small and medium businesses (SMBs), has raised $12Mn in Series B round led by IIFL, Amicus Capital and Ananta Capital. Existing investors Omidyar Network India and Guild Capital also participated in this round managed by Dexter Capital.

Pickrr saw a 3x jump in daily orders in 2021 and the order volume on its platform continues to grow steadily. It uses the power of AI and ML to provide seamless end-to-end logistics and data-driven insights to 50,000+ sellers on its platform. The company currently offers shipping from and to 29,000+ pin codes in India and 220 destinations across the globe. Its one-click easy integration with over 25 online platforms like Amazon, Shopify and WooCommerce make Pickrr a preferred e-commerce fulfilment platform for SMBs.

The funding will continue to drive product development and expand its network of fulfilment centres across the country. Pickrr’s solutions will be able to help SMBs including retailers, marketplace sellers and D2C brands, to improve their delivery performance and inventory management.

Speaking on the development, Rhitiman Majumder, Co-Founder and CEO, Pickrr, said, “Pickrr’s vision is to make logistics fast and seamless. This infusion of capital has further strengthened our path to deliver simplified solutions. Using technology to drive logistics automation, we aim to reduce delivery time for every ecommerce seller from an average of 5-6 days to 1-2 days. With just one click access to our end-to-end logistics service, anyone from a small business to a D2C brand can set-up their e-commerce operations seamlessly. As more and more SMBs come online, the need for end-to-end logistics services like ours will grow rapidly, giving us a great opportunity to scale with our clients.”

Ajith Nair, Director at Amicus Capital said, “Delivery delight has become a key differentiator for D2C brands and online retailers today. Pickrr, with its focus on technology and execution, has enabled a number of consumer brands of different sizes to optimize their logistics operations to reach out to a larger market in a fast and cost-efficient manner. We are excited to join hands with the founders Rhitiman, Gaurav and Ankit, and the strong team that they have built, as they scale their network and apply technology to solve their customers’ logistics needs.”

Principal at IIFL Private Equity, Amit Mehta said, “As small businesses come online we believe that businesses like Pickrr which streamline the post checkout experience will have a multi-decade growth runway. The founders have focused on flawless execution and technology which has enabled Pickrr to distinguish itself. We are excited to partner with them as they create a great customer experience for small businesses coming online.”

Sharing his views, Badri Pillapakkam, Partner at Omidyar Network India, said “Logistics is the backbone of Indian e-commerce and a large employer of the Next Half Billion. Pickrr has perfected a model to serve the smallest of SMEs with delivery and warehousing solutions in an asset-light and profitable manner. This fund-raise is a validation of their growth, and will be used for providing new offerings to Pickrr’s clients, allowing them to compete against large e-commerce marketplaces. We are thrilled to continue backing a mission-aligned set of founders who are transforming the logistics landscape.”

Some of the clients on Pickrr’s platform include Emami, Oziva, Healthkart and Bellavita Organics. The company recently strengthened its foothold in the warehousing segment with the launch of Pickrr Plus – an intelligent warehousing/fulfilment solution to help sellers manage their inventory without investing in a physical warehousing space or expensive WMS solutions.

Business, News

Celebrate this Raksha Bandhan with Eco-friendly and Organic Rakhis by My Pooja Box

Aug 9, 2021 by Rekha Nair 0 Comments #Co-founder and CEO, #Eco-friendly plantable rakhis, #eco-friendly rakhis, #Ms Kaveri Sachdev, #My Pooja Box, #Raksha Bandhan

New Delhi: Ahead of the auspicious festival of Raksha Bandhan that celebrates the eternal bond of a brother for his sisters , MyPoojaBox, a one-stop-shop for festive gifting, décor and pooja essentials in India, is all set to launch ‘Eco-friendly plantable rakhis,’ along with 1000+ additional rakhi designs this year. My Pooja Box aims to revolutionise the way people celebrate Raksha Badhan every year by introducing eco-friendly rakhis to protect the environment amid COVID-19.

These eco-friendly rakhis are made of organic edible colours, handmade paper and tulsi seeds. With this, My Pooja Box intends to spread happiness and popularise the concept of ‘Don’t use and throw,’ instead ‘Use and grow.’ My Pooja Box contributes to a cleaner, greener, happier environment with its biodegradable products.

This green initiative by My Pooja Box would not only provide its customers with a different variety of rakhis, but it will also help siblings to celebrate this festival in an eco-friendly way. These rakhi boxes consist of one coconut husk planter, one coco peat disk, one mini plantable pencil, roti and chawal packed in cork capsules, reusable, recycled boxes and handwritten notes for your brothers. These rakhi boxes also come with sweets / dry fruits and mithai. My Pooja Box also gives an option to its customers to create their own rakhi boxes, and these could be availed of through the My Pooja Box website.

Ms Kaveri Sachdev, Co-Founder and CEO, My Pooja Box, said, “We are excited about the new rakhi collections. Women are choosy about their rakhi threads and look for exclusive designs. Keeping in tune with the latest trends and customer preferences for Raksha Bandhan, we have come up with myriad choices for our customers like gold and silver rakhis, quirky and fun rakhis, designer rakhis and more. Additionally, people can send these rakhis anywhere in India and overseas on demand.”

“With eco-friendly rakhis, My Pooja Box aims to make sure that no rakhi goes into the trash, and the rakhis can be re-used for planting trees. It can keep growing just like the bond between a brother and sister, Kaveri added”.

In addition to last year’s success, other than the organic plantable rakhis, My Pooja Box has also come up with a variety of creative and unusual rakhis, which were in huge demand last year. This year, My Pooja Box has launched over 1000+ rakhi designs, such as crystal rakhi, evil eye and quirky rakhis, along with 18K hallmarked gold rakhis, which are among the rarest from the collection. All the products are intricately designed and curated with high-quality raw materials, and the price ranges from INR 99 – INR 50,000.

Considering the current situation with limited international travel options, My Pooja Box has even launched a special offer for siblings staying abroad – ‘Ship your rakhi anywhere in the world for INR 1999.’ Now, siblings can place their order from the My Pooja Box website and get their rakhi delivered to any part of the world. My Pooja Box provides an on-time gift delivery service across India and worldwide, too. The brand ensures that the products are delivered at the same time as promised and the quality of the product is consistent. With each year passing by, the exceptional services offered by My Pooja Box are making the whole of online gifting easier and hassle-free with a huge range of gift options to choose from festive gifting to home décor and pooja essentials items.

Other than Rakhi, for brothers there are ample choices for skincare, home décor, pooja samagri and many more amazing gifts to shop for and win heart of their sisters.

Business, News

Ecom Express launches self sign-up portal ‘E-zippie’ for small businesses

Aug 2, 2021 by Rekha Nair 0 Comments #Co-founder and CEO, #Ecom Express, #T.A. Krishnan

Gurugram: Ecom Express, a leading technology enabled end-to-end logistics solutions provider for the e-commerce industry, today announced the launch of its self sign-up portal called ‘E-zippie’. The portal is for micro-entrepreneurs, small business owners, sole-proprietors and home-preneurs, to quickly, conveniently, and securely sign-up for a one-stop-shop for logistics services in less than 30 minutes, a new benchmark for the industry. This move is aimed to simplify the customer onboarding process with the company by enhancing user experience and provide more flexibility in terms of service plan and price selection.

By leveraging the latest banking and identity verification APIs to reduce manual back-end processes and paperwork, the self sign-up portal makes it possible for online businesses to register and start shipping orders instantly. The portal is highly secured by strong authentication protocols and sophisticated access controls.

Commenting on the announcement, T. A. Krishnan, Co-founder and CEO, Ecom Express, said “India has approximately 6.3 crore* small and medium businesses and with the pandemic, the numbers of businesses are increasing every day. Logistics plays a significant role in the growth of these businesses, and we wanted to offer both our digital and logistics capabilities to support them. With ‘E-zippie’, we can fast-track registration to less than 30 minutes against a 10 to 12 days process taken by most players in the market. The self sign-up portal is a major milestone in our effort to provide an automated and seamless experience for online businesses right from onboarding to fulfilling all their shipping requirements. We will continue to enhance customer experience by making logistics simpler and convenient for small and micro businesses, by providing direct control on their shipments and flexibility in managing end-to-end shipment life cycle. Our aim is to help them expand their market access to 27000+ PIN codes, diversify their customer base, and solidify their supply chain through Ecom Express.’’

Ecom Express has leveraged various technologies while building the back end to make the portal seamless and convenient for use. The portal is mobile responsive through which sellers can submit requests at their convenience and which is then funneled directly to the right department that handles the request without any manual intervention or re-keying of information. Once the seller is onboarded, they will get direct control over their shipments to manage distribution through a dedicated state-of-the-art dashboard and customer support to get real-time status and closure on their shipments.

The self-service functionality available through self-sign-up will make a positive impact and the company estimate that the portal will enhance around 100% more sign-ups from online sellers and businesses.

Business, News

Ecom Express named among Best Places to Work by AmbitionBox

Jul 26, 2021 by Rekha Nair 0 Comments #Co-founder and CEO, #Ecom Express, #Executive Vice President and Chief Human Resource Officer, #Saurabh Deep Singla, #T.A. Krishnan

Hyderabad: Ecom Express, a leading technology enabled end-to-end logistics solutions provider to the e-commerce industry has been awarded the Best Places to Work in India in in the country’s first employee choice awards by AmbitionBox, an Info Edge subsidiary and a rapidly growing career advisory platform. Ecom Express was ranked among top 4 Large Internet Companies and top 2 among Tech Startups in the country.

AmbitionBox Best Places to Work in India 2021 Awards recognizes the top companies to work for in India based on reviews and ratings shared by employees who have worked with a particular company during the year 2020. The reviews and ratings capture employee sentiment across key workplace metrics including culture, career growth, compensation, work-life balance, development of skills, work satisfaction and job security.

Commenting on the announcement, T. A. Krishnan, Co-founder and CEO, Ecom Express, said “We are honoured to be among the Best Places to Work in India. As the pace and shape of work has seen a dramatic change in the recent past, earning a spot in the Best Places to Work list is significant. This is a testament to the company’s value-driven and people-centric culture where the most talented and creative minds create a difference every day. I am proud of the diverse group of outstanding individuals we have at Ecom Express and I am heartened that collectively, they likewise recognize and respect the effort that we put into creating a positive and empowering working environment.”

Saurabh Deep Singla, Executive Vice President and Chief Human Resource Officer, Ecom Express said, “At Ecom Express, we believe that great organizations are built only when its people are inspired and motivated, and therefore we have always aspired to create an inclusive culture and environment that encourages people to be themselves, find, explore, test and share their ideas. This achievement only strengthens our resolve to continue our journey on making Ecom Express one of the Best Places to Work.’’

Ecom Express’ culture is built around its shared iCORP values, which stands for – Integrity, Commitment, Openness, Respect and Passion. These are the pillars upon which the company culture is built and are the fundamental truths that transcend every department and position. The employees hold each other and themselves accountable to these values and guiding principles, for they are the essence of the kind of company that Ecom Express is today and will be in the future.

This achievement further strengthens Ecom Express’ commitment to building a credible and transparent workplace culture for employees, customers, and partners. As an organization dedicated to creating fairer and safer workplaces, Ecom Express is thrilled that employees feel their mission is echoed within organization.

Business, News

Housr co-living appoints Parag Gupta as Chief Financial Officer

Jul 23, 2021 by Rekha Nair 0 Comments #Chief Financial Officer (CFO), #Co-founder and CEO, #Deepak Anand, #Housr, #Parag Gupta

New Delhi: Housr, India’s fastest growing co-living brand, today announced that it has appointed Parag Gupta as its Chief Financial Officer (CFO). Prior to this stint, Parag has led the finance and associated functions of AT&T India , PAYPAL India, NImbuzz and Shyam Spectra as a CFO and a strategic finance leader. With over 18 years of progressive achievements, he comes with extensive experience of setting up and scaling businesses with an eye on profitability and value creation for all stakeholders.

“We are extremely delighted to have Parag in the Housr team. His deep experience in the finance function and his background in many large global corporations will be a strong addition to our leadership team. I am certain that Parag will make a significant contribution to the continued success of the company as we execute our strategic growth agenda and take Housr to the next level,” said Deepak Anand, Co-Founder and CEO, Housr.

Speaking of his new appointment, Parag commented, “Seeing the rise in demand for co-living among working professionals, I realised the enormous potential and plans that Housr has in store across the country and I am truly excited to take on this new challenge as part of my career trajectory.”

Housr has seen tremendous growth in the past year by taking the tech-driven platform they have built around coliving, and applying it to all segments of the residential industry including different dwell unit types, target renters, and locations. It has been able to create economies of scale via this model and has emerged as the only profitable homegrown co-living brand in the country. Designed and managed by millennials for millennials and the millennial-minded, Housr combines creative living spaces with curated social programmes to create a lifestyle environment that supports work, stay and play.

At present, Housr has 20+ properties across NCR, Pune & Hyderabad and is aiming to aggressively launch more cities and properties in the next 6-9 months. Housr aims to be India’s largest and fastest growing co-living brand with 10,000+ locked in beds PAN India by 2022.

Entertainment, Health, News

MediBuddy associates with this year’s most awaited film Toofaan, promising to be your partner-in-health

Jul 15, 2021 by Rekha Nair 0 Comments #Co-founder and CEO, #Excel Entertainment, #Head of Business and Marketing, #MediBuddy, #Mr. Satish Kannan, #Mr. Vishal Ramchandani

MediBuddy hails female frontline workers for their Sherni spirit

National: MediBuddy, India’s largest digital healthcare platform, has been at the forefront with its varied health-related facilities and has been doing pioneering work in the telemedicine realm to help curb the spread of COVID-19 in the country. To strengthen their brand identity further and to reiterate themselves as the most trusted healthcare platform, MediBuddy has associated with the upcoming movie Toofaan.

Presented by Amazon Prime Video in association with Excel Entertainment and ROMP Pictures, Toofaan is an inspiring sports drama produced by Ritesh Sidhwani, Rakeysh Omprakash Mehra and Farhan Akhtar. The film features a multi-starer cast, led by Farhan Akhtar in the lead role along with Mrunal Thakur, Paresh Rawal, Supriya Pathak Kapur, Hussain Dalal, Dr. Mohan Agashe, Darshan Kumaar and Vijay Raaz.

The awaited sports drama directed by Rakeysh Omprakash Mehra, will follow the story of Aziz Ali (played by Farhan Akhtar), an ambitious boxer and his grappling journey from the streets of Dongri to the National Level Competition. The film is slated to release on the OTT platform Amazon Prime Video and would be streaming from July 16, 2021, across 240 countries and territories.

Mr. Satish Kannan Co-founder CEO MediBuddy

The out-of-movie association comprises of a co-branded TVC that will be promoted across high-impact digital and social media platforms. The co-branded TVC features Farhan Akhtar talking about his role as a boxer which came with its own set of challenges, injuries, bruises and fatigue and how he brazed through these challenges. The co-branded TVC also speaks about how MediBuddy has been the go-to platform for millions of people to access quality healthcare anytime, anywhere.

Commenting on the association, Mr. Satish Kannan, Co-founder and CEO, MediBuddy said, “As a brand, we strive to ensure quality healthcare services are available to everyone in the country. It is in dire times like these, that we need to reiterate ourselves as someone they can blindly rely on for their health-related questions. Celebrities like Farhan Akhtar who continue to voice their opinion on relevant topics are looked upon by people, and a message like this delivered by someone who they trust helps us in gaining their trust, in return too. With this association, we wish to position ourselves as a platform that people can put their faith in for all health-related problems.”

Commenting on the same, Mr. Vishal Ramchandani, Head of Business and Marketing, Excel Entertainment said, “We are thrilled to be associated with MediBuddy, a platform that has done and continues to do pathbreaking work in accelerating India’s digital healthcare system.”

MediBuddy with its quality healthcare services has been amplifying India’s medical infrastructure by providing accessible services from online doctor consultations, booking lab tests, ordering medicines and much more from the comfort of their homes. Amid the second wave, MediBuddy has launched several initiatives such as Hospital Bed Availability Tracker, a 24×7 helpline number and a Coronavirus Risk Assessment Tool to help the tackle the surge of coronavirus infection and contribute its bit in combating the virus.

Business World, News

Bueno Finance raises $3M in Seed funding led by Goat Capital and JAM Fund

Jun 23, 2021 by Rekha Nair 0 Comments #Bueno Finance, #Co-founder and CEO, #General Partner of Goat Capital, #Justin Kan, #Justin Mateen (Co-Founder, #Sandeep Arora, #Saurav Gandhi, #Tinder)

New Delhi: Y Combinator backed FintechstartupBueno Finance has raised $3 million in its seed round from a slew of investors such as Goat Capital, JAM Fund, Olive Tree Capital, Good Water Capital and others from Silicon Valley. The marquee Indian Angel investors Kunal Shah, Anupam Mittal have also participated in the round, the company announced on Tuesday.

The fintechstartup, which was part of the winter 2021 batch of Y-Combinator, was launched in October 2019 by Saurav Gandhi and Sandeep Arora, with the mission of providing financial Solutions to the Next Billion Users in India. Bueno Finance is credit-focusedNeobank for India’s middle and lower-middle income segment.

Speaking about the announcement Saurav Gandhi, Co-Founder and CEO, Bueno Finance said, “Only 10% of the formal credit (mostly secured) goes to 45% households of India earning approximately $200-$400 a month. Bueno Finance wants to democratise credit along with other financial services to this massive segment.”

“We are growing very rapidly and plan to acquire multiple partners for customer acquisition. Bueno is partnering with quality employers to fulfill its mission, which ensures a win-win arrangement for the customer and the employer”. He added.

With Bueno Finance, consumers can seamlessly get access to a credit line, build their financial health, save, and spend in smarter ways.

“We are excited to be a small and early part of the Bueno Finance journey,” said Justin Kan, General Partner of Goat Capital. “As children of middle class families, the vision of financial inclusion and building credit for a better future resonated with us deeply. Saurav and Sandeep are the type of humble and mission driven founders we love to back.”

Goat Capital was founded in 2020 by Justin Kan (Co-founder of Twitch) and Robin Chan with over $100 million under management. Justin and Robin have invested at the earliest stages in companies such as Gingko Bioworks, Ramp Financial, Razorpay, Scale.ai, Square, Twitter, Uber, Xendit, and Xiaomi.

“Bueno finance is accelerating the emergence of the massive middle class in India. I am impressed by Saurav and Sandeep’s depth of understanding of the market dynamics.”, said Justin Mateen (Co-Founder, Tinder). Justin heads JAM Fund, and has deployed 100 million in the last year alone. He was ranked the number 1 seed investor in the US and has been an early investor in 18 unicorns.

Tag: Co-founder and CEO