KarmaNullify
Karmanullify has been developed and designed to make individual’s personal financing needs easier and faster. NBFCs play a crucial role in the Indian economy. Karmanullify gives this ecosystem the digital tools they need to support their businesses, empowering micro, small and medium enterprises at a critical time – as the country undergoes a major digital transformation amidst COVID-19. In Microfinance sector of India, there are around 500 million lower middle income customers in 4000+ small cities in India. To reach these customers, we have bulit an software which improves the efficiency of our Employee partners. Our employee partners sell Investment products like Insurance, savings and loans to customers through their respective NBFCs. Currently we partner with 5 NBFCs. Currently we have reach 5000+ customers with help of our 500+ employee partners. Our goal is to reach 50000+ customers and 500+ employee partners in a year. We are strong believer in India’s digital lending opportunity.
Karmanullify has been developed and designed to make individual’s personal financing needs easier and faster. NBFCs play a crucial role in the Indian economy. Karmanullify gives this ecosystem the digital tools they need to support their businesses, empowering micro, small and medium enterprises at a critical time – as the country undergoes a major digital transformation amidst COVID-19. In Microfinance sector of India, there are around 500 million lower middle income customers in 4000+ small cities in India. To reach these customers, we have bulit an software which improves the efficiency of our Employee partners. Our employee partners sell Investment products like Insurance, savings and loans to customers through their respective NBFCs. Currently we partner with 5 NBFCs. Currently we have reach 5000+ customers with help of our 500+ employee partners. Our goal is to reach 50000+ customers and 500+ employee partners in a year. We are strong believer in India’s digital lending opportunity.
KarmaNullify has raised $1.6M across 1 round. Its most recent round was a Pre-Seed of $1.6M in Oct 2021. Full funding history, investors, and team are detailed below.
Funding history
1 round on record.
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