Niyogin

Niyogin Fintech Ltd. is a Mumbai-based financial technology company focused on providing financial services to Micro, Small, and Medium Enterprises (MSMEs) and underserved populations in India. Here's a comprehensive overview:

Founding and History

• Founders: Amit Rajpal and Gaurav Patankar.

• Name Meaning: "Niyogin" is a Sanskrit word meaning "empower," reflecting the company's mission to empower small businesses through financial inclusion.

Business Operations

• Core Products: Offers unsecured and secured business loans, including home loans and loans against property. It also provides working capital and supply chain financing solutions.

• Acquisitions: Acquired Moneyfront (Wealth Tech) in 2019 and iServeU (Rural Tech) to expand its product stack and reach rural areas.

• Partnerships: Works with multiple financial institutions to provide credit solutions and leverages existing infrastructure in rural areas.

Vision and Mission

• Vision: To be the best small business-centric organization in India, empowering customers through an ecosystem of products, partnerships, technology, and customer experience.

• Mission: To provide small businesses with a holistic support system using cost-efficient technology and a committed network of partners.

Market Presence

• Headquarters: Mumbai, Maharashtra.

• Reach: Services urban and rural areas, with a focus on financial inclusion for underserved populations.

Technology and Innovation

• Technology Stack: Leverages innovative technology to enable easy documentation and quick processes for financial services.

• Future Plans: Aims to expand into POS solutions, financial services products, and potentially a commerce vertical.

Niyogin is recognized for its innovative approach to financial inclusion, using technology and strategic partnerships to cater to the evolving needs of MSMEs and rural communities in India.