Kaleidofin raises USD 5.3 million from IDH Farmfit Fund

09 May 2025 CW Team

Kaleidofin has secured an equity investment of USD 5.3 million from the IDH Farmfit Fund, bringing its ongoing funding round to USD 19 million. The Chennai-based fintech firm, which provides financial solutions to small and marginal farmers, women-led enterprises and nano businesses, aims to scale lending, credit scoring, and risk services through strategic partnerships. This follows an earlier USD 13.8 million investment led by Rabo Partnerships, alongside existing backers Michael & Susan Dell Foundation, Oikocredit, Omidyar Network India, and Flourish Ventures. Since its inception, Kaleidofin has raised a total of USD 42 million. The collaboration with IDH Farmfit Fund will focus on expanding financial access across smallholder value chains, particularly in dairy and allied agri sectors. A key innovation will be the development of the ‘ki score agri’—a sector-specific credit health tool that enables more targeted financial products such as loans for animal husbandry, equipment, and climate-smart agriculture. “The partnership will help create specialised credit solutions that can improve risk assessment and support underserved farmers,” said Sucharita Mukherjee, Co-founder and CEO, Kaleidofin. Investment leads at IDH highlighted the potential for enhanced underwriting and borrower insight to turn smallholder finance into an investable asset class.

Infrastructure Urban

30 May 2026

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..