Pune-based startup Haqdarshak Empowerment Solution Private Limited, a Saas tech platform that connects citizens of India with their eligible welfare scheme, has raised USD 18.6K in a pre-series A round on 11th May 2021.
This funding round was led by The Deepak Group, Beyond Capital Funds, Impact India Investment Partner, Shalini Chabra and 3i Partners. In July 2020, the round was kicked off, and then it was led by Acumen Funds with the participation of Upaya Social Ventures.
The company will use this fundraised amount to launch and expand the health plus vaccination insurance coverage-intended services with a digital push. It will also invest in plug-and-play tech tools. The services provided by the firm will be focused on daily wage earners, migrants, urban poor and rural sector citizens.
The fund will also be used to hire quality talents to strengthen the tech team and the current monitoring and evaluation process.
About the company –
Haqdarshak was founded in 2016 by Ankit Doegar. Since the time it’s found, Haqdarshak has reached more than a million households and supported more than 600k beneficiaries with welfare schemes.
In 2016 Haqdarshak has raised angel fundings from investors, like PR Ganapathy, former President, Villgro India; Sandeep Raju, Co-founder, Samaaru Pvt Ltd; Ravi Saxena, MD, Wonderchef; Ramesh Srinivasan, Senior Partner, McKinsey; Prabha Narasimhan, Executive Director, HUL; and Ashish Goyal, Senior MD at OMERS Capital Markets, among others.
Haqdarshak ensures citizens of the country at the last mile get access to welfare schemes and services provided by the government and private organisations. This is done through a SaaS platform for use by community women entrepreneurs. Haqdarshak recently launched its app on the Google Play Store this year.
“Our commitment and vision of ensuring every citizen and small business in India gets access to government schemes and services is strengthened with this investment. We are focused on our solutions for COVID-19 response, services for MSMEs, and new digital offerings for our last mile. This investment round will help us scale up our core platforms and reach our goal of ensuring 100 million citizens get access to government financial services by 2030.” – Ankit Doegar, CEO, Haqdarshak.
“Haqdarshak’s tech platform has digitised 7,000 welfare schemes and field operations are present in 22 states. One of the most recent initiatives by Haqdarshak is the launch of its MSME-focused platform to offer application support services to them to apply for eligible welfare schemes.” – he added.
