This year Kairos Society recognized HappyEMI as one of the top 50 innovative start-ups in the world at its annual Global K50 Summit held at One World Trade Center observatory in New York City. HappyEMI was also featured by the Inc. Magazine as one of the top 50 emerging companies in the world.

The Kairos Society is specifically recognizing HappyEMI which is a Fintech start-up focussed into digital lending, for the way that the firm helps consumers make their most important purchases in offline and online stores affordable through its Digital EMI Card focussed on the new to credit and mid prime customers in India. HappyEMI uses alternate data such as bank statements, mobile data, loyalty cards, etc to assess the customer’s risk in less than a minute and approve a credit limit for them to use it at partner stores to buy mobile phone, healthcare treatments, furniture’s, home appliances, etc at 0% EMI as the partner stores pay HappyEMI commission to finance the purchases for their customers. This comes with a cheque from US $50,000 from Kairos Fund to help HappyEMI achieve its vision to make finance affordable and accessible which is been the theme for Kairos Global Summit this year.

HappyEMI which is based in Bangalore, India is a year-old start-up co-founded by Suhas Gopinath, who was formerly the CEO of Globals Inc., and Anand Sankeshwar. Its investors includes AJ Ventures, JIIF Fund and Yang Shu, who was former President of Huawei.

Kairos Society, which is a society for young entrepreneurs worldwide helps entrepreneurs get access to mentors and investors and helps them to solve global problems such as affordable finance, housing, education and healthcare.

“HappyEMI is re-inventing the credit card and building a platform to make it financially inclusive for the aspirational youth in India to get access to credit to finance their most important purchases and does responsible lending with 0% interest when they shop at partner stores” said Suhas Gopinath, CEO of HappyEMI. “We are thrilled to be part of the K50 List by the Kairos Society and its great encouragement and validation of our mission to make credit accessible and affordable and keeping our team energized” said Anand Sankeshwar, Co-founder of HappyEMI.

During the Summit, HappyEMI presented before 150 of today’s most influential CEOs, industry leaders, media, and global VCs and Family Offices. The event is designed as an immersive experience showing the pain points affecting the lives of consumers, and how companies and others in attendance are working to address these global challenges. Companies are organized into five core sectors: Spaces, Finance, Education, Health, and Emerging Tech. Kairos has helped K50 companies raise over USD 1 billion till date.