About Us


To use technology to transform country’s flagship benefit transfer programs and open doors for the poor into the financial mainstream.


CDFI was established in September 2014 with funding support from Bill & Melinda Gates Foundation, Michael and Susan Dell Foundation, and institutional support from Institute for Financial Management and Research (IFMR). Since then, CDFI has grown into an innovative and vibrant organization with offices in Delhi and Bengaluru.

In the course of five (5) years, CDFI has become a leading social enterprise developing and support¬ing digital innovations for social impact. Our focus is to use technology to empower the poor and excluded with tools and information and develop mechanisms to sustain and scale such solutions.

CDFI has achieved considerable success in India as innovator, collaborator and thought leader in bringing change through technology. Our success is underpinned by strong and passionate team coming from premier technology and management institutes in the country.

We have developed and supported award-winning innovative solutions for the social sector that have impacted a large number of citizens. These solutions are driving large scale projects at the national and state level in areas such as benefits delivery, data-driven governance, agriculture, and literacy & outreach.


CDFI advances the following objectives, all of which are aimed at poor, rural, or otherwise excluded population segments:

  • Drive payments made to excluded population segments onto digital platforms
  • Work with commercial providers to test and scale new digital payment innovations
  • Develop and scale new digital payment use cases
  • Analyse policy / program implementation frameworks to help create an enabling environment for digital financial inclusion
  • Create public goods to accelerate diffusion of best practices

The Team

Our team comes from diverse backgrounds and brings expertise in developing and scaling innovative solutions in collaboration with public, private and not-for-profit sector


CDFI's role is to identify catalytic opportunities and to fund grant, TA, research, and advocacy efforts to unlock those opportunities. For this purpose, it partners with the Government, both at the Centre and the State.

Given that its focus area includes agriculture and food, rural development, health and nutrition, education, banking, MSME and governance, partnerships in these areas with government ministries and departments are being created.

Commercial partners such as major banks, MNOs, third-party business correspondents, and entrepreneurs developing innovative digital financial services are also crucial for fulfilling the mandate of CDFI.


Awards/ Recognitions

CDFI awarded Best Innovation Partner for GKSF 2015 Image
CDFI awarded Best Innovation Partner for GKSF 2015

Kerala Chief Minister, Shri Oomen Chandy felicitating Shri Krishnan Dharmarajan, Executive Director, CDFI, at the closing of Grand Kerala Shopping Festival, 2015


Winner of Startup Karnataka Top Tech 25 Awards 2016