Total amount raised
$42M
Latest funding date
2025-05-01
Location
Kaleidofin has successfully raised $13.8 million in a recent funding round, bringing the total number of funding rounds to seven. The platform offers a range of financial services, including savings, investment, credit, and insurance.
Keep reading to explore the intricacies of Kaleidofin's fundraising journey and the investors backing this innovative platform.
Kaleidofin has raised funding across multiple rounds backed by prominent impact investors including Rabo Partnerships, the Michael & Susan Dell Foundation, IDH Farmfit Fund, Oikocredit, Omidyar Network India, Flourish Ventures, and Blume Ventures.
Keep reading to explore Kaleidofin's fundraising journey and learn about the key investors backing this inclusive fintech platform.
What Is Kaleidofin?
Kaleidofin is a Chennai-based responsible fintech company founded in 2017. It provides a scalable, adaptable platform that democratizes finance for underserved communities in India, empowering banks, NBFCs, MFIs, and corporates to deliver inclusive financial solutions. Its offerings include lending-as-a-service, credit scoring (Ki Score), risk management (Ki View), customer engagement tools, and goal-based financial services powered by machine learning — all focused on the informal and unbanked sector.
How Much Funding Has Kaleidofin Raised?
- Seed Round
- Amount Raised: USD 2,800,000
- Date: April 2018
- Lead Investor: Omidyar Network
- Participants: Blume Ventures, Professor Shlomo Ben-Haim (angel)
- Series A
- Amount Raised: ~USD 5,000,000 (Rs 36 crore)
- Date: December 2019
- Lead Investor: Oikocredit
- Participants: Flourish Ventures, Omidyar Network India, Blume Ventures, Bharat Inclusion Seed Fund, Professor Shlomo Ben-Haim
- Series B — First Tranche
- Amount Raised: USD 10,000,000
- Date: January 2022
- Lead Investor: Michael & Susan Dell Foundation
- Participants: Oikocredit, Flourish Ventures, Omidyar Network India, Blume Ventures, Bharat Fund
- Series B — Second Tranche
- Amount Raised: USD 5,000,000 (bringing Series B total to ~USD 15,000,000)
- Date: May 2022
- Lead Investor: Michael & Susan Dell Foundation
- Participants: Bill & Melinda Gates Foundation Strategic Investment Fund, existing investors and angel investors
- Series Unknown (Equity Round)
- Amount Raised: USD 13,800,000
- Date: September 2024
- Lead Investor: Rabo Partnerships B.V. (contributed USD 11,000,000)
- Participants: Michael & Susan Dell Foundation, Oikocredit, Omidyar Network India, Flourish Ventures
- Series Unknown (Equity Round)
- Amount Raised: USD 5,300,000
- Date: May 2025
- Lead Investor: IDH Farmfit Fund
- Participants: Undisclosed (existing investors)
Total Amount Raised: At least USD 41,900,000 based on disclosed equity funding rounds. Note: Kaleidofin's subsidiary Kaleidofin Capital also raised USD 3,000,000 in debt from Triodos Investment Management in September 2025, bringing the overall capital raised (equity + debt) to approximately USD 45,000,000.
Key Investors
- Rabo Partnerships B.V.
- Details: A subsidiary of Rabobank (Netherlands), Rabo Partnerships led Kaleidofin's September 2024 round with a USD 11 million contribution, becoming one of its largest backers. The investment reflects Rabobank's focus on agricultural and food-sector finance in emerging markets.
- IDH Farmfit Fund
- Details: A blended finance impact fund focused on smallholder farmers and agri-SMEs. IDH Farmfit Fund led Kaleidofin's May 2025 round with USD 5.3 million, supporting the company's expansion into agri-lending and specialized financial products for animal husbandry and climate-friendly farming.
- Michael & Susan Dell Foundation
- Details: A Texas-based philanthropic foundation focused on improving life outcomes for underserved communities. It led both tranches of Kaleidofin's Series B in 2022 and has participated in subsequent rounds, demonstrating long-term commitment to Kaleidofin's financial inclusion mission.
- Oikocredit
- Details: A Netherlands-based impact investor and cooperative focused on financial inclusion. Oikocredit led Kaleidofin's Series A in 2019 and has continued investing in subsequent rounds.
- Omidyar Network India
- Details: The India arm of Omidyar Network, a philanthropic investment firm. Omidyar Network led Kaleidofin's seed round in 2018 and has remained an active participant across multiple subsequent rounds.
- Flourish Ventures
- Details: A Silicon Valley-based venture capital firm focused on fintech for underserved populations. Flourish Ventures has participated in Kaleidofin's rounds from Series A onwards.
- Blume Ventures
- Details: An early-stage venture capital firm based in India. Blume Ventures has been a consistent investor in Kaleidofin since the seed round.
What's Next for Kaleidofin?
Kaleidofin is well-positioned to capitalize on India's growing digital financial services market. With its recent funding rounds, the company plans to expand its lending portfolio and deepen its presence in underserved segments such as agriculture and the informal sector. By leveraging its Ki Score credit assessment platform and Ki View risk management tools, Kaleidofin aims to scale its partnerships with banks, NBFCs, MFIs, and corporates. The company's focus on responsible fintech and financial inclusion, combined with strong backing from global impact investors, positions it as a key player in democratizing access to financial services for India's unbanked and underbanked communities.
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