KarmaLifeAI, India’s 1st real-time credit solutions provider for gig workers, raised $2.2 million in Pre-Series A round, led by Artha Venture Fund (AVF). Netgraph Investment, LV Angel Fund, Singularity Ventures, and Angel investors including Abhinav Sinha (CDC Group PLC), Amit Jain (CEO -Global Equity London), Balesh Sharma (MD -Vodacom South Africa, Ex-CEO Vodafone Idea), Vamsi Udayagiri (Founder Hesa), Vikram Kailas (MD and CEO Mytrah Energy), and Prateek Agarwal (ex-CBO BharatPe), also participated in the round. The fintech platform will utilise the funds for further product development, team expansion, and employer partnerships. This is AVF’s 16th investment from its $33 million micro-VC fund.
