Chennai-based neo bank Kaleidofin has raised $10 million Series B funding led by the Michael & Susan Dell Foundation. This takes the total funding raised by Kaleidofin till date to $18 million. Existing institutional investors Oikocredit, Flourish Ventures, Omidyar Network, Blume Ventures, and Bharat Fund also participated in the round.
Kaleidofin has also appointed Natasha Jethanandani, CTO, and Vipul Sekhsaria, Chief Networks Officer, both founding team members, as Co-founders to support the next phase of growth.