Fintechs like OPEN work in conjunction with the traditional banking structure, as they are always going to be the catalysts that lead the way towards making banking more inclusive and reaching out to groups who aren't actively served by the traditional players.
Yubi is the world's first unified credit platform powering the discovery, execution and fulfillment of credit. The platform comprises a digital debt marketplace and a sophisticated technology stack, which combined, seamlessly power the end-to-end debt lifecycle from origination to collection.
Back in 2014 when Dahiya was trying to raise capital, almost everybody was telling him that don't raise it for an insurance distribution company, raise it for an insurance company. And there were investors lining up and saying "if you were doing an insurance company, I would like to fund you."
Ruchita thought of utility as a gifting idea. She promoted the idea of non-disposable gifting to utility gifting. Her thought process started by creating something which is more useful and sustainable so that people will use it for the long term.
Anuja Joshi brought untrained florists on board and in 2017, started her journey in a small factory space in Mahim, Mumbai. Her aim was to revolutionize the luxury floral decor and gifting space.
Jaipur Rugs is solving the preservation of traditional craftsmanship, culture, and beauty of India through the creation and sale of high-quality rugs that are not just products but also convey a unique story and cultural heritage.
In the initial stages she formed a core team that was a hybrid of experienced peers from public sector general insurance companies as well as young professionals.