Financial services provider Kaleidofin has raised $5.3 million from IDH Farmfit Fund, a blended finance impact fund focussed on smallholder farmers.
The Chennai-based company had raised $13.8 million in a funding round in September 2024, led by Rabo Partnerships, with participation from existing investors including the Michael & Susan Dell Foundation, Omidyar Network India, and Flourish Ventures.
The fresh funds will be used to scale up its lending portfolio as well as expand credit scoring, middleware, and risk services through new partnerships.
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