Arthavedika Tech Pvt Ltd

Arthavedika Tech Pvt Ltd is a technology Start-up incubatee, founded by a team of experienced professionals in the Indian IT and Banking industry, under Foundation for Innovation & Research in Science and Technology, registered under IIT Kanpur. We are solving one of the critical problem in the financial sector which is financial identity to the missing middle. We find that, in the third world countries like India, more than 40 percent of the earning population have unstructured and undocumented income i.e. they do not have any kind of receipts, salary slips, P&L statements etc. which can be accepted as a proof of income ( Farmers, Daily Labourers, Maids, Drivers, Micro entrepreneurs, Gig workers etc.). Since their income is undocumented, they do not have any Financial Identity, Credit score etc, They need to be enabled to obtain financial loans and other instruments like credit cards, insurance etc. from the formal economy like Banks,NBFCs, Insurance companies. With our solution they will have a financial identity which will enable them to interface with the formal economy.