India, May 2 -- Fintech neobanking startup Kaleidofin has secured $5.3 Mn (around INR 44.5 Cr) in a fresh funding round from IDH Farmfit Fund.

With this fresh infusion, the company plans to scale up its lending portfolio as well as expand credit scoring, middleware and risk services through new partnerships.

Kaleidofin said in a statement that it will also work with IDH Farmfit Fund to drive financial inclusion by expanding access to financial services for smallholder farmers, including those in dairy, agri-allied sectors, agri workers and agribusinesses.

"Through our collaboration with IDH Farmfit Fund, we aim to change this by creating specialised financial products that cater to the unique needs of farmers. "ki score agri", a credit...