Ours is more than a business correspondent model: Spice Money's Dilip Modi

We are building a network of digital entrepreneurs with our Spice Money Adhikari ecosystem in rural India in an economically viable manner.

Spice Money has been imagined as a rural fintech company. A subsidiary of the listed DiGiSPICE Technologies, its Adhikari network covers 95 per cent of the country’s rural pin-codes and serves over 20 million customers every month. Dilip Modi, founder of Spice Money, spoke with Raghu Mohan about his platform. Edited excerpts:

Spice Money has been imagined as a financial bridge to rural India. How different will you be from legacy players and fintechs in the same space?

For us, all of them are partners — be it banks, NBFCs (non-banking financial companies) or fintechs. We are building a network