Technology and Startups

Microfinance Tech Startup Artoo wins Kaun Banega Entreprenuer Contest

Artoo a technology startup that offers software solutions to Microfinance Institutions won the first ever ‘Kaun Banega Entrepreneur’ Award

The IndUS Entrepreneurs (TiE), a global non-profit organization dedicated to encouraging and nurturing entrepreneurship, today named Artoo (a technology startup that offers software solutions to Microfinance Institutions) as the winner of its first ever ‘Kaun Banega Entrepreneur’ program from amongst five finalists. The team behind the ideation of this plan, along with the other finalists will also get introduced to the angel investment community.

artoo microfinance technology

Artoo (http://www.artoo.in/) is a technology startup that delivers solutions to Microfinance Institutions that help them offer better quality service to their end customers. The software solutions are designed for microfinance field staff that takes the entire process of data collection and loan disbursement online. Team Artoo is led by Sameer Segal who has been recognized as one of Asia-Pacific’s most promising young social entrepreneurs by the Paragon100 Fellowship.

TiE received a total of 65 entries, including individual and group proposals for this program. Each team was given an imaginary fund of Rs 1 crore, which they could utilise to develop their business including team formation, capital costs, sales and marketing, Technology, customer support.

The KBE program was open to TiE Bangalore and Hubli members, Students, Aspiring Entrepreneurs and individuals who joined an existing team of 3 TiE Bangalore members. Other business ideas that reached the finals were:

Tenschools – To help parents and students discover schools and colleges that are best for them and apply to them from the convenience of their house.

Ixora Biosciences – Focusing on applications of genomics to healthcare- applying data collected in life sciences research and activities to improve human health.- http://ixorabiosciences.com/

Star Wishlist Solutions- To simplify the gifting process for the host and their guests during a wedding ceremony

BlackGold Eco Market Watch Private Limited –To address a social menace thru’ social entrepreneurship and improve the livelihood of the bottom of the pyramid population – the urban poor; also, to cash-in on the market search capabilities in the setup that is meant for waste management.

To Top