Kaleidofin raises USD 5.3 million from IDH Farmfit Fund
09 May 2025
1 Min Read
CW Team
Kaleidofin has secured an equity investment of USD 5.3 million from the IDH Farmfit Fund, bringing its ongoing funding round to USD 19 million. The Chennai-based fintech firm, which provides financial solutions to small and marginal farmers, women-led enterprises and nano businesses, aims to scale lending, credit scoring, and risk services through strategic partnerships.
This follows an earlier USD 13.8 million investment led by Rabo Partnerships, alongside existing backers Michael & Susan Dell Foundation, Oikocredit, Omidyar Network India, and Flourish Ventures. Since its inception, Kaleidofin has raised a total of USD 42 million.
The collaboration with IDH Farmfit Fund will focus on expanding financial access across smallholder value chains, particularly in dairy and allied agri sectors. A key innovation will be the development of the 鈥榢i score agri鈥欌�攁 sector-specific credit health tool that enables more targeted financial products such as loans for animal husbandry, equipment, and climate-smart agriculture.
鈥淭he partnership will help create specialised credit solutions that can improve risk assessment and support underserved farmers,鈥� said Sucharita Mukherjee, Co-founder and CEO, Kaleidofin. Investment leads at IDH highlighted the potential for enhanced underwriting and borrower insight to turn smallholder finance into an investable asset class.
Kaleidofin has secured an equity investment of USD 5.3 million from the IDH Farmfit Fund, bringing its ongoing funding round to USD 19 million. The Chennai-based fintech firm, which provides financial solutions to small and marginal farmers, women-led enterprises and nano businesses, aims to scale lending, credit scoring, and risk services through strategic partnerships.
This follows an earlier USD 13.8 million investment led by Rabo Partnerships, alongside existing backers Michael & Susan Dell Foundation, Oikocredit, Omidyar Network India, and Flourish Ventures. Since its inception, Kaleidofin has raised a total of USD 42 million.
The collaboration with IDH Farmfit Fund will focus on expanding financial access across smallholder value chains, particularly in dairy and allied agri sectors. A key innovation will be the development of the 鈥榢i score agri鈥欌�攁 sector-specific credit health tool that enables more targeted financial products such as loans for animal husbandry, equipment, and climate-smart agriculture.
鈥淭he partnership will help create specialised credit solutions that can improve risk assessment and support underserved farmers,鈥� said Sucharita Mukherjee, Co-founder and CEO, Kaleidofin. Investment leads at IDH highlighted the potential for enhanced underwriting and borrower insight to turn smallholder finance into an investable asset class.
Next Story
Reliance, Diehl Advance Pact for Precision-Guided Munitions
Diehl Defence CEO Helmut Rauch and Reliance Group鈥檚 Founder Chairman Anil D. Ambani have held discussions to advance their ongoing strategic partnership focused on Guided and Terminally Guided Munitions (TGM), under a cooperation agreement originally signed in 2019.This collaboration underscores Diehl Defence鈥檚 long-term commitment to the Indian market and its support for the Indian Government鈥檚 Make in India initiative. The partnership鈥檚 current emphasis is on the urgent supply of the Vulcano 155mm Precision Guided Munition system to the Indian Armed Forces.Simultaneously, the 鈥淰ulc..
Next Story
Modis Navnirman to Migrate to Main Board, Merge Subsidiary
Modis Navnirman Limited has announced that its Board of Directors has approved a key strategic initiative involving migration from the BSE SME platform to the Main Board of both BSE and NSE, alongside a merger with its wholly owned subsidiary, Shree Modis Navnirman Private Limited.The move to the main boards marks a major milestone in the company鈥檚 growth trajectory, reflecting its consistent financial performance, robust corporate governance, and long-term commitment to value creation. This transition will grant the company access to a broader investor base, improve market participation, en..
Next Story
Global Capital Flows Remain Subdued, EMEA Leads in Q1 2025
The Bharat InvITs Association鈥檚 industry update for Q1 2025 shows subdued global capital flows, with investment volumes remaining at the lower end of the five-year range despite a late 2024 recovery. According to data from Colliers and MSCI Real Capital Analytics, activity in North America declined slightly, while EMEA maintained steady levels and emerged as the top region for investment in standing assets.The EMEA region now hosts seven of the top ten cross-border capital destinations for standing assets, pushing the United States鈥� share of global activity below 15 per cent. Meanwhile, in..
