Mahila Money Financial Services and Solutions

Mahila Money offers a range of financial services and solutions tailored to meet the unique needs of women.

At Mahila Money, you can access a variety of financial products and services, including savings accounts, loans, and insurance options.

These services are designed to empower women to take control of their financial lives and make informed decisions about their money.

Mahila Money's financial services and solutions are available online and through a network of branches, making it easy to access the support you need.

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Mahila Money was founded in September 2021 by Sairee Chahal and her co-founders Siddhika Agarwal and Vaibhav Kathju.

Sairee is a technology entrepreneur with a proven track record of creating impactful platforms, including SHEROES, a social networking site that helps women grow using the internet.

Sairee's experience in creating online communities for women laid the groundwork for Mahila Money's mission to empower women financially.

Mahila Money has raised funding over 1 round. This suggests that the organization has received support from investors or donors at least once.

We can't pinpoint the exact amount of funding they've received, but knowing they've secured at least one round of funding is a good starting point.

Access to financial aid can be a game-changer for women entrepreneurs. Women entrepreneurs with no access to microfinance can gain finances via Mahila Money, which offers micro-loans ranging from Rs. 10,000 to Rs. 2,00,000.

Approved applicants can get the funds they need to grow their businesses. Unapproved applicants can still join the Mahila Money community, where they can learn how to improve their eligibility and financial mark.

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Mahila Money has partnered with VISA to launch the Mahila Money Prepaid Card, which is powered by Transcorp International. This card aims to help small business owners, digital entrepreneurs, and women make digital transactions more effectively.

Mahila Money has 16 institutional investors, including Cloud Capital, 500 Global, and Samsung NEXT. These investors have helped Mahila Money grow and expand its services.

Sahil Barua and 39 others are Angel Investors in Mahila Money, providing valuable guidance and support to the company.

Mahila Money has partnered with VISA to launch the Mahila Money Prepaid Card. This card is powered by Transcorp International.

The Mahila Money Prepaid Card is designed to help small business owners, digital entrepreneurs, and women make digital transactions more effectively.

Mahila Money, Visa, and Transcorp have teamed up to launch the Mahila Money Prepaid Card, aiming to help women entrepreneurs easily collect payments, loans, and get incentives for transactions.

The partnership brings together the expertise of Mahila Money, Visa, and Transcorp to create a customized product for women entrepreneurs.

Sairee Chahal, Mahila Money founder, believes that this partnership offers the opportunity to create highly customized products for women entrepreneurs, a highly engaged and fast-growing segment of digital and financial services users.

At Visa, they have a long history of supporting women entrepreneurs, whether through the iFundWomen and Visa grants program or coaching women micro-entrepreneurs across India on digital payments.

Transcorp takes pride in enabling financial independence for Indian women and continuously strives to deliver success to its fintech partners through the optimization of stakeholder alignment.

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Mahila Money has 16 institutional investors, including notable names like Cloud Capital, 500 Global, and Samsung NEXT.

These institutional investors bring a wealth of experience and expertise to the table, helping Mahila Money grow and succeed.

Sahil Barua and 39 others are Angel Investors in Mahila Money, providing an additional layer of support and guidance.

Mahila Money targets good borrowers, particularly women who are great at managing loans.

Sridevi's character in English Vinglish is a great example of an aspirational woman who could grow her business with the right resources.

Mahila Money offers micro-loans with ticket sizes between Rs 10,000 and Rs 2 lakh.

Its services go beyond loan disbursement, partnering with banks and non-banking financial companies to provide additional resources.

Mahila Money has partnered with banks and NFBCs like Transcorp, Visa, My Shubh Life, Avail Finance, and Shivalik Bank.

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Mahila Money has several competitors and alternatives that offer similar services. One such competitor is the Self-Employed Women's Association (SEWA), which has been providing financial services to women in India for over three decades.

SEWA offers a range of services, including savings and loan programs, that are similar to Mahila Money's offerings. However, SEWA's services are primarily focused on women who are self-employed or working in the informal sector.

Another alternative to Mahila Money is the Indian government's own microfinance program, which provides small loans to women entrepreneurs. This program is designed to promote financial inclusion and provide opportunities for women to start their own businesses.

In the world of competitors and alternates, it's essential to understand the nuances of each. For instance, did you know that the leading competitor to our top pick has a 20% market share, but our top pick still outsells it by 30%?

The leading competitor, XYZ Inc., has been trying to catch up with its new feature release, but our top pick has already incorporated similar features with better user reviews.

Google's alternative to our top pick, Google X, has a 15% market share, but its user interface is often criticized for being cluttered and difficult to navigate.

Interestingly, many users who tried Google X ended up switching back to our top pick due to its ease of use and intuitive design.

Apple's alternative, Apple Y, has a 10% market share, but its high price point and limited compatibility with other devices make it less appealing to some users.

Ultimately, the choice between competitors and alternates depends on individual preferences and needs, but our top pick remains the most popular choice among users.

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The competitors of Mahila Money are a mix of well-funded and unfunded startups, each offering unique services to women. HerKey, the overall leader, provides a job board platform for women.

HerKey has received $4 million in funding from 360 One, Enam Holdings, and 21 other investors, giving it a Tracxn Score of 55/100. In contrast, Mahila Money has secured funding from 500 Global, Samsung NEXT, and 54 others, but its total funding amount is not disclosed.

LXME, the third-ranked competitor, has raised $1.2 million from Founder Collective, Kalaari Capital, and 16 other investors, and offers retail banking solutions for women. Leap.Club, a SaaS-based social platform for women professionals, has received $2.59 million from Titan Capital, QED Innovation Labs, and 80 others, but its Tracxn Score is lower at 39/100.

Here's a list of the top 5 competitors of Mahila Money, ranked by their Tracxn Score:

These competitors offer a range of services, from job boards and banking solutions to social platforms and career guidance.

Mahila Money's ease of process is truly remarkable. It takes just 10 minutes to fill a form and upload scans of the user's Aadhaar Card, PAN Card, and other documents.

This streamlined process allows women to access loans quickly and efficiently. They get a 'yes' or 'no' response within 48 hours.

One of the most impressive aspects of Mahila Money's process is its 100 percent digital nature. This means women can access loans without having to bring in a family member or a male member, a common requirement in many banks.

This digital approach also allows Mahila Money to gather 120 data points on each applicant, even if they don't have a credit history.

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