NABARD Acquires 10% Stake in Agri-Fintech Startup 24x7 Moneyworks Consulting Pvt. Ltd. to boost Rural Credit Digitization - The News21

NABARD Acquires 10% Stake in Agri-Fintech Startup 24x7 Moneyworks Consulting to Boost Rural Credit Digitization

NABARD has invested in 24x7 Moneyworks Consulting, marking its first stake in a bootstrapped startup. The agri-fintech’s eKCC platform digitizes rural credit processes, while its AIFIS system streamlines interest subvention under the Agriculture Infrastructure Fund.

NABARD Acquires 10% Stake in Agri-Fintech Startup 24x7 Moneyworks Consulting Pvt. Ltd. to boost Rural Credit Digitization - The News21

Mumbai: The National Bank for Agriculture and Rural Development (NABARD) has acquired equity stake in 24×7 Moneyworks Consulting Pvt. Ltd, a next-generation agri-fintech venture. This marks NABARD’s first-ever investment in a bootstrapped startup, reinforcing its commitment to digital transformation in rural India. 24×7 Moneyworks Consulting Pvt. Ltd.’s flagship platform, eKisanCredit (eKCC), is a fully digital […]