How Reliance Jio plans to make aam aadmi a digital native

https://yourstory.com/2016/07/reliance-jio-money-wallet/
Reliance Jio, the broadband service owned by Reliance Industries, is creating a
payment wallet that could be used with kiranas (mom-and-pop shops) across the
country. Sources in the industry say that the Jio wallet will work with startups that
are building business models around kiranas to make payments (consumer
transactions) digital and also to empower the kirana with knowledge on their
customers. The company will start its pilot with 1,400 kiranas in a couple of months.
data collected on consumer transactions will be used to empower the kirana owners
to connect better with their customers and to avoid dumping from consumer goods
companies. More importantly, the consumer goods company has the relevant data
to streamline its supply chain and work with distributors to make the kirana network
more efficient.

For Reliance Jio, this is a test bed in making consumption of the Internet universal in
this country by bringing costs down for startups that use their services and the
consumers who will connect on their WiFi networks to pay the kirana.
For every card and net banking transaction, the banks and switches, like Visa, make
1.8 percent from the consumer. Reliance Jio wallets can start a payments revolution
and actually add 200 million Indians Internet consumers. But with the Jio wallets
integrated with startups the prices may drop to less than half percent.

Indifi Technologies : Gets You a Loan For Your Business Within Minutes
http://bwdisrupt.businessworld.in/article/Indifi-Technologies-Gets-You-a-Loan-ForYour-Business-Within-Minutes/25-07-2016-100784/

There are 29.8 million enterprises in SME space. There is a total finance requirement
of INR 32.5 trillion ($650 billion) in the MSME sector, which comprises of INR 26
trillion ($ 520 Billion) of debt demand and INR 6.5 trillion ($130 Billion) of equity
demand.
This is the space where gurgoan based startup Indifi is working. The company aims
to substantially improve the experience that borrowers get in terms of speed of
approval and disbursement, convenience of the loan process, relevance of the loan
product to their business needs, and finding the best rates in the market.

Indifi is live in 6 different segments viz. retail, travel, transportation, hotels, ecommerce and manufacturing. They follow a segment-specific approach and lending
products in any given segment are tightly integrated with the business cash flows
and transactional linkages in that segment.
They get a loan processing fee from the borrower and get a service fee from the
lenders over the loan lifecycle. They have processed over 1000 loans and operating
on a monthly run rate of over 200 loans.
Indifi has raised first round of funding from Accel Partners and Elevar Equity along
with contributions from a group of Angel investors