1.System Partners:

Craft Silicon

Utkarsh recognizes that one of the success mantra for scalability is proper systems and technology. The company has chosen to implement Craft Silicon's BR. Net comprehensive end to end mobility based multi application platform. It is a web enabled, user friendly, borrower based application that is mobile enabled, with the integrated accounting module. Craft Silicon has provided its application on SaaS (Software as a service) model so that the company need not invest in operating system, Data base licenses, server etc. and ongoing cost will be based on loan portfolio basis. Information is produced in user-required formats, which facilitates better understanding, setting priorities, objectives and strategy .Detailed information is captured on customers and their activities that can then be used to asses s client business to assess impact. This will be useful in assessing impact of our programme after few years.

2.Credit Bureau Partners:


Equifax India was granted its 'Certificate of Registration' on 26th March, 2010 by the Reserve Bank of India (RBI) to establish a credit information company under 'The Credit Information Companies (Regulation) Act' 2005 (CIC Act). Equifax launched his credit bureau in September 2010 and also launched a separate dedicated bureau to address the growing lending and regulatory needs of the Microfinance Institutions in May 2011. Currently they have 200 registered members and are regularly adding new members and data into the bureau.

CRIF Highmark

CRIF High Mark Credit Information Services Pvt. Ltd., a credit information bureau, provides credit information services, decision support, and software solutions to its customers in banking, financial services, insurance, telecom, and other sectors. It offers risk management solutions for credit granting institutions that include credit information reports and portfolio review for retail banking, micro-finance institutions, and commercial/SME/corporate banking; and data quality management services for enterprises that include data quality profiling, de-duplication, and data quality enhancement, as well as address quality assessment, verification, and improvement.

3.Network Partner:

IFC Advisory Services

IFC has provided Performance Based Grant Advisory Services to Utkarsh Micro Finance Pvt Ltd. The advisory services have been offered apart from providing seed capital to the company along with Aavishkaar Goodwell.


IntelleCash has provided the skills, experience, and guidance that were needed to ensure that the venture is a success from day one. It has offered standardized systems and processes that provided a complete solution for a start-up entrepreneur, and helped the entity to quickly adopt world-class practices and best standards.


BSR & Company (KPMG)

KPMG carries out its auditing work in India through BSR & Co, an Indian chartered accountant firm. KPMG was established in India in September 1993, and has rapidly built a significant competitive presence in the country. The firm offers its clients a full range of services, including financial and business advisory, tax and regulatory, and risk advisory services.In India, KPMG has a client base of over 2000 companies.


BAJAJ Allianz for Borrowers and guarantors

HDFC Life Insurance

New India Assurance Co Ltd.
for Cash in transit insurance, Public Liability Non-Industrial Risk, Standard Fire,Special Perils Policy, Employees Personal Accident and Fidelity insurance.


Asian Building, Ground Floor,
17, R. Kamani Marg, Ballard Estate,
Mumbai - 400 001.
Phone: (91) (22) 40807068;

(Erstwhile GDA Trusteeship Limited)
'Mittal Tower', 'B' Wing, Nariman Point,
Mumbai - 400021
Phone: (91) (22) 49220508;