Karandaaz Digital aims to catalyse the financial services industry towards greater financial inclusion by employing cutting-edge innovations and digital solutions for social impact. Karandaaz collaborates across the financial services ecosystem to maximize impact through improved access to digital finance for low income, rural, and otherwise excluded population segments, especially women. With USD 32 million in funding from the Bill & Melinda Gates Foundation, Karandaaz Digital aims to work with all stakeholders to facilitate digitization of government and other payment streams and provide support to innovative digital financial service startups. The focus areas of the unit are divided into four work streams.