At KyePot we do our best to ensure you make the most of your money. Through the KyePot app you can invest for great returns, borrow affordably, and earn with just a few taps on your phone. We have partnered with leading chit funds of India like Chetana Chits Haveri Pvt. Ltd., The Mayavaram Financial Chit Corporation Ltd., who have served millions of customers in their decades of existence and have managed more than Rs. 1000 crores in funds. Since we believe in complete transparency, we provide easy in-app access to every government registration and legal certification for each chit group that you participate in.
India's financial inclusion problems are not easy to solve. However, it is clear that the modern prevalent financial system wasn't designed to handle the unique problems that this mysterious land called Bharat poses.
Sidd saw that millions of Indians across the country and across the world use Chit Funds - commonly known as chitty, kuri, kitty, committee, and beeshi (a.k.a beesi or VC), to get easy and low-cost loans to further their ambitions and realize their dreams. This has been the lifeline of middle-class India for decades and can greatly benefit the common man through digitalisation, giving consumers complete transparency and empowerment.
For our founders, Sidd Gandhi and Kiran Lakhotia, there was only one thing to do - work towards a solution.
That is why Sidd & Kiran are building KyePot and a team that is using the power of technology, encapsulating behavior science & social risk management, to create the best group savings and borrowing experience that the world has ever seen, and is 100% compliant with rules & regulations of India to protect individual investors and borrowers.
Kye is a Korean word that means a social agreement between a group of people on the basis of coexistence, mutual growth, faith, and trust.