Category: Blog

This blog highlights the journey of the agri-FinTech startup GreyMatter, which works on a buy-now-pay-later (BNPL) community commerce model. The company works to build a one-stop platform to provide quality agricultural inputs to smallholder farmers, agri-advisory services to improve yield, and post-harvest support like improving soil health and creating market linkages for better prices on the harvest. The company’s efforts have led to a positive impact on its early users. Read its story here.

India has more than 250 million blue-collared employees with an immediate need for essential benefits. Entitled works with employers to strengthen their financial health by designing bundled financial products, such as credit and insurance, for the well-being of blue-collared workers. Solid financial health will give blue-collared workers a blanket during financial shocks. Entitled is gradually developing innovative delivery channels and products to make the user onboarding experience comfortable.

It is clear that digital transformation is a journey, not a destination – so incremental progress is to be expected. Equity Bank, one of the leading microfinance providers in Kenya, developed a well-articulated approach and took over a decade to digitalize its operations. It started with the equivalent of a digital readiness assessment, on which it based its digital transformation strategy in 2010. MSC worked alongside Equity Bank, providing consulting services, for much of its digital transformation journey.

The startup FLYK provides credit services to the low- and moderate-income (LMI) segment in India through its mobile app. FLYK uses psychometric assessment to understand consumer behavior beyond CIBIL scores. It underwrites loans through alternative data, which allows increased inclusion among its rural borrower segment. Through its “Combined Responsibility Network (CRN),” FLYK works to overcome the limitations of traditional lending models. Learn more about how the startup understood the need and recognized the solution here.

Many LMI households in India lack timely access to good quality medical care. Further, steep healthcare bills are deterrents to timely treatment, and out-of-pocket medical expenses have pushed more than 55 million Indians into poverty. Qonect, a HealthTech platform, helps patients connect with medical service providers and provides credit for medical expenses.

Yes!poho is an experience-based social platform that connects handloom artisans and customers directly using technology. Its technology layer helps cut down the intermediaries involved in the supply chain, improving the artisan incomes. Read its success story to know how it has impacted the weaving community positively.