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Our digital model is not proprietary: Avanti Finance CEO Rahul Gupta

The digital spine we have created has not been created for ourselves - it is also for various specialists to come together for financial inclusion, says CEO Gupta

Rahul Gupta, Chief Executive Officer, Avanti Finance
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Rahul Gupta, Chief Executive Officer, Avanti Finance

Raghu Mohan
Bengaluru-based Avanti Finance is a digital platform that aims to foster financial inclusion. It recently raised $26 million (Rs 195 crore) in debt and equity from Oikocredit, Nomura and the Bill and Melinda Gates Foundation. Other backers include Ratan Tata and Nandan Nilekani and a partnership with the Michael and Susan Dell Foundation. RAHUL GUPTA, Chief Executive Officer of Avanti Finance, spoke to Raghu Mohan on the approach of the model. Edited excerpts:
 
How do you go about serving the unbanked, or the new-to-credit, given the poor penetration of technology?
 
You are right, in that a lot of

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First Published: Jun 21 2021 | 6:10 AM IST

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