“Ensuring the financial security of every Indian woman”: This fintech platform for women secures $1.2 million in early investment from Kalaari Capital, Vani Kola’s company.

The firm states that the platform’s goal is to provide Indian women with an all-in-one financial platform that is tailored to their needs to help them save, spend, borrow, and achieve financial independence.

The top financial platform for women in India, LXME, has raised $1.2 million in initial money with success. Leading this sizeable investment round was Kalaari Capital, with its CXXO program, which supports businesses run by women entrepreneurs.

A cutting-edge fin-tech platform called LXME was created to provide women the ability to make wise financial decisions. In addition to mutual funds, loans, prepaid credit cards, financial education, and access to a network of like-minded women, it provides a variety of customized solutions. LXME wants to help Indian women who have bank accounts—more than 560 million of them—achieve better financial results.

The firm states that the platform’s goal is to provide Indian women with an all-in-one financial platform that is tailored to their needs in order to help them save, spend, borrow, and achieve financial independence. With more than 400,000 members spread across many platforms, LXME’s community is now the largest finance-focused community for women in India, according to the firm.

Investors’ faith in what we have achieved at LXME is validated by this. For us, the key to this fund-raiser is finding partners that share our convictions and vision. The CXXO of Kalaari Capital is our primary investor, and we are thrilled about it. As we pursue our goal of making every Indian woman financially safe and prosperous, this is a huge milestone for LXME,” 

stated LXME founder Priti Rathi Gupta.

“With a strong foundation in product and technology, our team is dedicated to building a robust financial ecosystem,” said LXME co-founder Ridhi Kanoria Doongursee. This significant achievement demonstrates our dedication to empowerment and innovation—creations made for women by women.”

“LXME’s journey so far shows that Indian women are seeking a dedicated FinTech platform that goes beyond offering mere access,” said Vani Kola, Managing Director of Kalaari Capital. Priti and Ridhi, the company’s creators, are aware of this need. The commitment of LXME to financial inclusion and literacy for women is a wonderful fit with the guiding principles of CXXO and Kalaari. We are thrilled to assist them in transforming LXME into a reputable company and a major player in the financial industry.”

Notable investors Yash Kela of Founders Collective Fund, Amaya Ventures, Amit Khanna’s family office, Capri Holdings, Aditi Kothari of DSP, and Adiko Holdings participated in the investment round.

LXME intends to use the additional funds to fund user acquisition and brand development initiatives throughout India. The money will also be utilized to upgrade the platform’s technology and product stack to boost user interaction and experience.