kaleidofin Secures $5.3 Million Equity Infusion from IDH Farmfit Fund
ECONOMY & POLICY

kaleidofin Secures $5.3 Million Equity Infusion from IDH Farmfit Fund

Fintech innovator kaleidofin has announced a fresh equity infusion of $5.3 million from the IDH Farmfit Fund, boosting its ongoing funding round to $19 million. This round, which earlier saw $13.8 million led by Rabo Partnerships alongside existing backers such as the Michael & Susan Dell Foundation, Oikocredit, Omidyar Network India, and Flourish Ventures, brings kaleidofin’s total funding raised since inception to $42 million.
Specialising in providing formal financial access to small and marginal farmers, women-led enterprises, and nano businesses, kaleidofin will leverage this investment to scale its lending portfolio and enhance credit scoring, middleware, and risk services. In partnership with IDH Farmfit Fund, kaleidofin will roll out the ki score agri, a tailored credit health assessment tool for agricultural borrowers. This initiative aims to move beyond generic loans, offering specialised products for animal husbandry, farm equipment, sustainable agriculture, and climate-resilient practices.
Sucharita Mukherjee, Co-founder & CEO of kaleidofin, emphasised the importance of this collaboration in deepening agri-lending portfolios and improving risk management. Representatives from IDH Investment Management, Som Toohey and Melinda Gróf, highlighted the transformative potential of kaleidofin’s technology in expanding precise, client-protective credit solutions for India’s underserved agricultural communities.

Fintech innovator kaleidofin has announced a fresh equity infusion of $5.3 million from the IDH Farmfit Fund, boosting its ongoing funding round to $19 million. This round, which earlier saw $13.8 million led by Rabo Partnerships alongside existing backers such as the Michael & Susan Dell Foundation, Oikocredit, Omidyar Network India, and Flourish Ventures, brings kaleidofin’s total funding raised since inception to $42 million.Specialising in providing formal financial access to small and marginal farmers, women-led enterprises, and nano businesses, kaleidofin will leverage this investment to scale its lending portfolio and enhance credit scoring, middleware, and risk services. In partnership with IDH Farmfit Fund, kaleidofin will roll out the ki score agri, a tailored credit health assessment tool for agricultural borrowers. This initiative aims to move beyond generic loans, offering specialised products for animal husbandry, farm equipment, sustainable agriculture, and climate-resilient practices.Sucharita Mukherjee, Co-founder & CEO of kaleidofin, emphasised the importance of this collaboration in deepening agri-lending portfolios and improving risk management. Representatives from IDH Investment Management, Som Toohey and Melinda Gróf, highlighted the transformative potential of kaleidofin’s technology in expanding precise, client-protective credit solutions for India’s underserved agricultural communities.

Next Story
Resources

REHAU acquires 1.05-acre land in Sri City

REHAU, the global polymer solutions provider, has acquired 1.05 acres of industrial land in Sri City, Andhra Pradesh, marking a key milestone in its expansion strategy in India. The land, secured on a 99-year lease, is located adjacent to the RED Star Polymers facility and will support scaling up the company’s manufacturing operations.This acquisition closely follows REHAU’s majority stake purchase (51 per cent) in RED Star Polymers Pvt Ltd, a PVC edgeband manufacturer, reinforcing its long-term commitment to the Indian market. The site offers strategic advantages in proximity, infrastruct..

Next Story
Resources

BSH unveils Bosch and Siemens brand store in Kolkata

BSH Home Appliances, a subsidiary of BSH Hausgeräte GmbH and global leader in premium home appliances, has launched its first exclusive Bosch and Siemens brand store in Kolkata. Located in the upscale Dhakuria neighbourhood, the store signifies BSH’s strategic push in East India, a region where it has recorded a 26 per cent CAGR between 2019 and 2025.Spanning 1,450 sq ft for Bosch and 850 sq ft for Siemens, the new showroom is operated in partnership with Multi-Channel Electronics. It offers customers a hands-on experience of BSH’s latest innovations, including AI-enabled ovens, high-capa..

Next Story
Products

Trusted Termite Solutions

Envu’s Premise, formulated with Imidacloprid 30.5% SC, is India’s only termiticide validated by CBRI and GreenPro. This non-repellent soil treatment eliminates entire termite colonies effectively. Trusted by architects, builders, and pest control professionals, Premise ensures long-lasting protection with a proven safety and performance profile.Contact: Envu IndiaWebsite: www.envu.com..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?