S5 Ep119: Lending to India's Gig Economy With Badal Malick of KarmaLife.AI

TRANSFIN. LongShorts with Nikhil Arora and Sharath Toopran

We speak with Badal Malick, Co-founder and Chief Business Officer at KarmaLife.AI, a platform building financial solutions for India's growing gig economy. Motivated by the pain points of gig workers, including cashflow volatility, exposure to shocks and limited career progression due to a low skill base, Badal talks about how KarmaLife.AI serves their financial requirements. Drawing from his own experience and interest towards financial inclusion, Badal explains how KarmaLife.AI combines work data and technology to accurately underwrite customised credit and build trust in order to empower gig workers and support lenders.