Kikito & Co. is India's First Fin-Commerce platform empowering craftsmen by providing a scalable solution of an integrated marketplace allowing their products to sell globally and facilitating business loans for sustenance and scale.
Kikito & Co, has announced its partnership with Credy to disburse loans to its on-boarded artisans in India. With a loan size of INR 25,000 and above, the initiative is helping diverse craftmen, who are part of the Kikito & Co’s marketplace to cater to the increasing demand.
With a 30% improvement in revenue month-on-month, Kikito & Co is aiming to bring onboard and empower as many artisans as possible in order to beautify the routine life of Indian consumers.
On asking Vaibhav Prabhune, CEO, Kikito & Co., he said, “There are so many brilliant artists in India, who are unable to manufacture their products and make it available for global audiences to purchase. Our association with Credy will enable us to provide strong financial help for all such craftsmen, helping them make and showcase their handcrafted products globally."
Credy offers a hassle-free process of availing unsecured loans to Kikito’s on-boarded artists. Founded by ex-Goldman Sachs bankers with over 23 years of cumulative experience in the finance and technology industry, Credy enables online disbursal of short ticket personal loans for use cases like working capital, medical emergency, vehicle loans, to education fees and marriage.
Sharing his thoughts about the partnership, Pratish Gandhi, CEO, Credy said, “At Credy, we are excited to partner with Kikito and Co, which is building an innovative global Fin-Commerce marketplace for artists and designers. Through this partnership, we hope to help self-employed artisans in India meet their working capital requirements in a fully digital fashion. We hope it will help grow their business and fully express their art."
Kikito & Co. envisions being a global Fin-Commerce platform enabling a global exchange of art, artisans and their handcrafted products. Consumers across the globe are in a constant search of handcrafted products to beautify their day-to-day life. Making such exclusive yet daily usable products available through a centralised marketplace, thus making art affordable by empowering artists is the core agenda of Kikito’s Fin-Commerce marketplace.
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