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‘Davinta’: former Flipkart CTO Garikipati launched new micro-credit startup

Nabanita Dutta

News Editor

Flipkart’s former CTO Ravi Garikipati and head of engineering Raj Vattikuti have joined hands to launch financial services and micro-credit startup ‘Davinta’. Within just a few months of its launch, Davinta claims to have disbursed loans to 10,000 customers and 85% of them are women. The startup is eyeing to sell multiple finance products by using its franchise network to drive sustainable livelihood in the society.

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