Finarkein Analytics secures funding from Info Edge and IIFL to create an open digital ecosystem
- ByStartupStory | February 24, 2022
Finarkein Analytics, a Pune-based data analytics business, has secured an undisclosed initial investment round headed by IIFL’s Fintech Fund and Info Edge’s Redstart Labs.
Angel investors such as Shalini Chhabra of Incipia Advisors and Chirag Jain of Ashika Group, as well as Aaryaman Vir Shah’s Prophetic Ventures and Pearl Agarwal’s Eximius Ventures, participated in the round.
The money will be used to establish a platform for an open digital environment, according to the startup.
Finarkein is developing a low-code/no-code workflow orchestration and data analytics platform for India’s present and future Open Digital Ecosystems (ODEs), such as the Account Aggregator, ABDM/UHI, ONDC, and others.
The platform makes it easier to experiment and iterate on ODEs like the account aggregator and the unified health interface/Ayushman Bharat digital health program.
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