Haqdarshak Empowerment Solutions Private Limited is looking to raise INR 6.65 crore
HESPL (Haqdarshak Empowerment Solutions Private Limited) revealed a new investment on Tuesday to close out its pre-Series A round. In this round, Haqdarshak is looking to raise INR 6.65 crore. The Deepak Group, Impact India Investment Partners LLC, Beyond Capital Fund, and Shalini Chhabra, 3i Partners, were among the investors who participated in the round, which ended this month.
Given the current COVID-19 outbreak, the funds will be used to launch and extend vaccination and health insurance coverage-focused programmes at the last mile with a digital drive, as well as invest in plug-and-play tech resources. Migrants, regular wage earners, the urban poor, and rural Indians would be the primary beneficiaries of these programmes.
Haqdarshak had earlier raised angel funding in May 2016 from investors which include - Ex Villgro India president PR Ganapathy, Wonderchef MD Ravi Saxena, co-Founder Samaaru Pvt Ltd. Sandeep Raju, executive director HUL Prabha Narsimhan, McKinsey senior partner Ramesh Srinivasan, and senior managing director, OMERS Capital Markets Ashish Goyal among others.
“Our commitment and vision of ensuring every citizen and small business in India get access to government schemes and services are strengthened with this investment. We are focused on our solutions for COVID-19 response, services for MSMEs, and new digital offerings for our last mile. This investment round will help us scale up our core platforms and reach our goal of ensuring 100 million citizens get access to government financial services by 2030. We are extremely happy and excited our investors have shown faith in this vision, especially in the current pandemic business environment. Their expertise in scaling businesses will help us build core teams going forward. We have recently launched the Haqdarshak app on the Google Play Store,” Aniket Doegar, chief executive officer and founder, Haqdarshak.
The Haqdarshak app was recently released on the Google Play Store by the company. One of Haqdarshak's most recent initiatives is the introduction of its MSME-focused website, which will provide application support services to those interested in applying for qualified welfare schemes.
Haqdarshak ensures that people in the last mile have access to public and private welfare, programmes, and facilities. This is accomplished through a smartphone and online SaaS network for corporate partners, as well as a training platform for women entrepreneurs in the community.
“Ensuring the underserved households get the benefits that they are entitled to be very critical for their socio-economic inclusion, especially in these challenging times. While many organizations work on government scheme linkages, Haqdarshak’s technology enables it to do it at a scale that is unmatched. A data-driven approach will also play a critical role in improving the effectiveness of its service,” mentioned Dr. Ruchi Mehta, strategy lead, Deepak Group.
Haqdarshak has reached out to over 1 million families and helped over 600,000 beneficiaries of welfare programmes over the last five years, channelling $67 million in benefits. Haqdarshak's technology platform has digitised 7000 welfare schemes, with field operations in 22 states.
Given the current COVID-19 outbreak, the funds will be used to launch and extend vaccination and health insurance coverage-focused programmes at the last mile with a digital drive, as well as invest in plug-and-play tech resources. Migrants, regular wage earners, the urban poor, and rural Indians would be the primary beneficiaries of these programmes.
Haqdarshak had earlier raised angel funding in May 2016 from investors which include - Ex Villgro India president PR Ganapathy, Wonderchef MD Ravi Saxena, co-Founder Samaaru Pvt Ltd. Sandeep Raju, executive director HUL Prabha Narsimhan, McKinsey senior partner Ramesh Srinivasan, and senior managing director, OMERS Capital Markets Ashish Goyal among others.
“Our commitment and vision of ensuring every citizen and small business in India get access to government schemes and services are strengthened with this investment. We are focused on our solutions for COVID-19 response, services for MSMEs, and new digital offerings for our last mile. This investment round will help us scale up our core platforms and reach our goal of ensuring 100 million citizens get access to government financial services by 2030. We are extremely happy and excited our investors have shown faith in this vision, especially in the current pandemic business environment. Their expertise in scaling businesses will help us build core teams going forward. We have recently launched the Haqdarshak app on the Google Play Store,” Aniket Doegar, chief executive officer and founder, Haqdarshak.
The Haqdarshak app was recently released on the Google Play Store by the company. One of Haqdarshak's most recent initiatives is the introduction of its MSME-focused website, which will provide application support services to those interested in applying for qualified welfare schemes.
Haqdarshak ensures that people in the last mile have access to public and private welfare, programmes, and facilities. This is accomplished through a smartphone and online SaaS network for corporate partners, as well as a training platform for women entrepreneurs in the community.
“Ensuring the underserved households get the benefits that they are entitled to be very critical for their socio-economic inclusion, especially in these challenging times. While many organizations work on government scheme linkages, Haqdarshak’s technology enables it to do it at a scale that is unmatched. A data-driven approach will also play a critical role in improving the effectiveness of its service,” mentioned Dr. Ruchi Mehta, strategy lead, Deepak Group.
Haqdarshak has reached out to over 1 million families and helped over 600,000 beneficiaries of welfare programmes over the last five years, channelling $67 million in benefits. Haqdarshak's technology platform has digitised 7000 welfare schemes, with field operations in 22 states.
