When was Karmalifeai founded?

Karmalifeai was founded in 2020.

Where is Karmalifeai headquarters?

Karmalifeai headquarters is in Bangalore, Karnataka 560103, IN.

What sector does Karmalifeai operate in?

Karmalifeai is in Financial Services sector.

What does Karmalifeai Do ?

As the largest EWA player in India, we are the pioneers of an ecosystem that can impact millions of lives. Studies by BCG have suggested that in 2020-21, 77 lakh (7.7 million) workers will be engaged in the gig economy and this workforce is expected to expand to 20 crore (200 M) workers by 2029-30. Owing to the dependence of Indian business on gig workers, the pressure on this community is very high. Therefore, creating sustainable livelihood opportunities for lower-income workers is essential. A study that we did in 2022, confirms that despite making up 85% of the Indian workforce, gig workers in India have irregular cash flows, and any sudden expenditure can upset their financial stability. We use data points to understand and underwrite gig workers based on their current behaviour and not their financial histories. This also goes well with the company’s tech-driven approach instead of a transaction-driven one. As a starting point, we offer Earned Wage Access (EWA) — a financial product that gives people access to a portion of their earnings any time before payday. It focuses on providing a small-ticket credit linked to future earnings. Hence, we are not only helping gig workers with access to financial products more easily but also more responsibly.We work with EWA or earnings -linked credit, and other small-ticket, short-term credit products to resolve the "month end" crisis for the sector. This allows users to flexibly borrow money during medical and other unforeseen emergencies more easily. We are working to build a sustainable future for the gig economy. Recognising the massive potential and pain points of the gig and blue collar economy, we share the enthusiasm of all stakeholders working to help it grow and improve its wellbeing.The employer par also extends services to users through partnerships with employers and aggregators of gig workers with its plug-and-play platform, which integrates with most HR management systems in minimal set up time

What is the Legal Name of Karmalifeai ?

The legal name of Karmalifeai is Karmalifeai.

Is Karmalifeai an Indian Company ?

Yes, Karmalifeai is an Indian Company.

When was Karmalifeai incorporated ?

Karmalifeai was incorporate on 2020

What is the registered address of Karmalifeai ?

The registered address of Karmalifeai is Bangalore, karnataka 560103, IN

Karmalifeai Funding Rounds & Investments

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Last Funding Amount	Not Available
Company Funding Status	Funded
Last Funding Date	2023-07-03
Last Funding Type	Non equity assistance

Karmalifeai Frequently Asked Questions

When has Cashfree raised funding?

Karmalifeai raised funding on 03 Jul 2023.

Karmalifeai- Phone & Email of Top Employees & Directors

Rohit Rathi

Co-Founder

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xxxx@karmalife.ai
98391*****

Badal Malick

Cofounder and Chief Business Officer

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xxxx@karmalife.ai
98716*****

Amit Sarda

Head of Finance

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xxxx@karmalife.ai
98823*****

Papori Deb

Lead Quality Analyst

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xxxx@karmalife.ai
98559*****

Pallavi Bollampally

Vice President Operations

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xxxx@karmalife.ai
98673*****

Rimjhim Verma

Key Account Manager

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xxxx@karmalife.ai
98188*****

Aditya Kulkarni

Marketing Manager

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xxxx@karmalife.ai
98442*****

Mayank Kumar

Software Engineer

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xxxx@karmalife.ai
98451*****

Anushka Prasad

People and Culture Associate

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xxxx@karmalife.ai
98861*****

Shruthi Sriram

Bengaluru, Karnataka, India

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xxxx@karmalife.ai
98104*****

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Karmalifeai Funding Rounds & Investments

Karmalifeai Frequently Asked Questions

Karmalifeai- Phone & Email of Top Employees & Directors

Rohit Rathi

Badal Malick

Amit Sarda

Papori Deb

Pallavi Bollampally

Rimjhim Verma

Aditya Kulkarni

Mayank Kumar

Anushka Prasad

Shruthi Sriram

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Support

Company

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Karmalifeai Funding Rounds & Investments

Karmalifeai Frequently Asked Questions

Karmalifeai- Phone & Email of Top Employees & Directors

Rohit Rathi

Badal Malick

Amit Sarda

Papori Deb

Pallavi Bollampally

Rimjhim Verma

Aditya Kulkarni

Mayank Kumar

Anushka Prasad

Shruthi Sriram

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