KADKI is a financial services startup based in India, founded in 2015. The company's mission is to simplify short-term financial support for the working class by providing affordable, efficient cash advances before payday. KADKI offers loans ranging from Rs. 5000 to Rs. 20000 for up to 15 days before the salary date, addressing immediate funds needed during month-end. By tackling the issue of high-interest rates typically charged by local money lenders, KADKI aims to provide a fairer and more accessible financial option. Leveraging technology and efficient management, they minimize expensive fees, making their service more attractive to potential users. KADKI is also focused on creating a social lending marketplace, enabling ordinary individuals to both provide and receive cash advances from one another. While the specific details of the last investment and investors are not currently available, KADKI's innovative approach to financial services and its potential impact on the working class make it an interesting prospect for venture capital firms looking to invest in the financial services industry in India.
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