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| Company type | Private |
|---|---|
| Industry | Financial services |
| Founded | 2021; 5 years ago (2021) |
| Founder | Sairee Chahal, Siddhika Agarwal and Vaibhav Kathju |
| Headquarters | , |
| Website | www |
Mahila Money is an Indianfinancial services platform to help women in business.[1] Thedigital platform providesmicro loans towomen entrepreneurs to help with business set-up, business growth and employment opportunities. It focuses on supporting entrepreneurship as well as the financial literacy of women.[2]
In September 2021,Sairee Chahal founded Mahila Money along with its two co-founders, Siddhika Agarwal andVaibhav Kathju.[3]
Sairee is a technology entrepreneur who createdSHEROES, which acts as a social networking site for helping women grow using the internet as a tool.[4][5]
Women entrepreneurs with no access to microfinance can gain finances via Mahila Money. Once approved, applicants are served with micro-loans ranging from Rs. 10,000 to Rs. 2,00,000. Unapproved applicants can become part of the Mahila Money community where they get to learn how to improve their eligibility and financial mark.[2][1][3]
Mahila Money has partnered withVISA to launch the Mahila MoneyPrepaid Card. This card is powered by Transcorp International. It aims to help small business owners, digital entrepreneurs and women make digital transactions more effectively.[2][1]