Our digital model is not proprietary: Avanti Finance CEO Rahul Gupta

The digital spine we have created has not been created for ourselves - it is also for various specialists to come together for financial inclusion, says CEO Gupta

Bengaluru-based Avanti Finance is a digital platform that aims to foster financial inclusion. It recently raised $26 million (Rs 195 crore) in debt and equity from Oikocredit, Nomura and the Bill and Melinda Gates Foundation. Other backers include Ratan Tata and Nandan Nilekani and a partnership with the Michael and Susan Dell Foundation. RAHUL GUPTA, Chief Executive Officer of Avanti Finance, spoke to Raghu Mohan on the approach of the model. Edited excerpts:
 
How do you go about serving the unbanked, or the new-to-credit, given the poor penetration of technology?
 
You are right, in that a lot of