Private Equity

Incubation/Acceleration

Agri-fintech OneImpact raises seed funding from IIM-A incubator CIIE

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Ahmedabad-based OneImpact Technologies, an agri-fintech startup that helps dairy farmers with credit accessibility, has raised funding in a seed round from CIIE.CO, a startup incubator established by IIM Ahmedabad. The company aims to use the fresh funds to scale up loan disbursements to dairy farmers and validate proof of concept. Founded by Maharshi Thaker, a second-year student at IIM-A, OneImpact aims to help farmers with improved mechanisms for lending using digital technology, AI & ML capabilities for identification, risk profiling and diversification for credit portfolio. The company claims to create value through improved mechanisms for lending and easing hustle for farmers to avail formal lending.