Nabard has made its first investment in a bootstrapped startup, acquiring a 10% stake in 24×7 Moneyworks Consulting Pvt Ltd.
The agri fintech’s digital platform, eKisanCredit (eKCC), is designed to streamline loan origination for Cooperative Banks, PACS, and RRBs. After successful pilots over two and a half years, eKCC is set for a nationwide rollout.
Nabard Chairman Shaji K V said the move will boost access, efficiency, and transparency in farm credit delivery, especially benefiting small and marginal farmers through faster and more inclusive services.
