DripFin means Drip Finance ala Drip Irrigation (i.e. small scientific value added productive measures)

Archive for Startups

Be a Change Maker !

Join Changemakers and Citi in the search for innovative and cutting-edge methods that allow financial security to become a reality for everyone. Enter and showcase your work to key decision-makers and investors.  Enter the contest, visit http://www.changemakers.net/.

Banking on Social Change – Seeking Financial Solutions for All


DhanaX Launched !!

Siva, a self motivated entrepreneur launched www.dhanax.com. A Online P2P lending aimed at income borrowers.

dhanaX(http://dhanax.com ) provides a stable platform through which individuals can directly lend to low income borrowers with the help of partner organizations. dhanaX thus effectively connects willing lenders with credible borrowers in need of credit to start their businesses.

dhanaX Web Technologies Pvt. Ltd., headquartered in Bangalore, is an innovative social lending enterprise. At dhanaX, the objective is to provide easy access to credit for the enterprising but underprivileged borrower and a profitable investment opportunity for the social lender. Founded by a team of highly dedicated individuals with relevant experience in financial services, management and technology, dhanaX envisions to create a stronger society by paving the way for an economic revolution driven by the community.

The power of microfinance to transform lives is what motivates and drives dhanaX in the endeavour. dhanaX draws inspiration from the entrepreneurial spirit of thousands of small farmers, underprivileged women and small business owners across the globe. In India, close to 70% of the population is dependant on micro-enterprises, small-scale farming and other small non-farming undertakings for a livelihood. Access to cheaper and quicker credit is vital for such entrepreneurs to power their enterprises. dhanaX aims at fulfilling just such a requirement supported by individuals who believe in investing in society they live in.

With research establishing that micro loans boast a 95% repayment rate worldwide, investors have every reason to consider social lending as an attractive investment vehicle. Empowering the community around you can be a rewarding experience. Not just emotionally but financially too. And dhanaX aims to prove just that.

Starship Enterprise – M2i

M2i – A 2 year old, truly promising, management consulting firm for MFI’s was recently covered by The Economic Times ! 

Click here to read the Economic Times writeup – Starship Enterprise.

Started by a team of highly motivated IRMA + Ex-Mcril Alumni, M2i has advised, mentored, trained “several” MFI’s since inception. Website: www.m2iconsulting.com/.

Client List Sampler (source: ET): Rashtriya Grameen Vikas Nidhi (RGVN), Sa-Dhan, Development Alternatives, ESAF, Cashpor, BISWA, Nirmaan Bharati,Appropriate Technology India (ATI).

 Kudos to the founding team Deepak, Atul, Rahul, Rajeev !

Bluechip Entrepreneurship @ Nirma Labs, AHD i.e ANAXEE TECHNOLOGIES

I was in Ahmadabad recently where i met Govind,  a self confessed foodie and his wife Arti, the technology entrepreneur couple. Their venture Anaxee Technologies has been incubated at Nirma Labs.

They have developed a new biometric technology from scratch! I believe it shall have huge application in “Inclusive Development” including financial inclusion/micro-finance/remote banking.

Will keep you posted !

DB Online P2P Lending – Interesting Report

Good Report by DB Research on Online P2P Lending. Click to download the DB Research Report – Online P2P Lending