Kaleidofin, a Chennai-based financial services firm, has successfully raised $13.8 million in an equity funding round led by Rabo Partnerships B.V. with a contribution of $11 million, supported by existing investors like the Michael & Susan Dell Foundation and Omidyar Network India. This new funding boosts Kaleidofin's total raised capital to $37 million, allowing the company to expand its lending portfolio and improve credit scoring and risk services tailored for the informal economy. Founded in 2017, Kaleidofin aims to provide financial solutions to low-income customers, particularly in agriculture, where 61% of the Indian population is dependent on the sector. The company has facilitated over $2.7 billion in loans to more than 4.7 million customers since 2020. Kaleidofin plans to leverage this investment to enhance its product offerings and infrastructure, focusing on data-driven finance solutions. The firm anticipates additional funding and aims to break even by March 2024.