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Financial inclusion for the bottom of the pyramid | Avanti Finance
The Indian government has been trying to improve financial inclusion for decades now. In the past, it was done by policy changes and mandates to banks. Today it’s done through an ecosystem and technology approach.
One of the largest financial inclusion startups in India is Avanti Finance - an initiative of Ratan Tata and Nandan Nilekani that is creating an inclusive and equitable economic structure for financial services.
The Bengaluru-based startup is building a fintech for the financial inclusion of the next 100 million households.
Rahul talks about the fundamental principles of scaling up a lending business focussed on the unbanked and the underbanked.
Other Ways to Listen:
Some of the insights he shared:-
Why microfinance institutions are unable to fix the credit gap
Why the partnership model works better than building distribution
The GTM strategy
Benefits of co-lending
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Until the next founder's thesis📕,
Your host, AD