About us

We are passionate about the financial health of the mass market consumer, the ‘Next Half Billion’ people who will be coming online in the next five years. We provide them an optimum basket of financial products that are meant to meet their unique needs, unlike the standard offerings from traditional financial service providers. Our personalised neobanking service, ‘येLo’, provides a range of innovative products and services to address immediate short-term needs such as day-to-day cashflow management as well as long-term needs such as future medical shocks.


नीलेश Agarwal

Nilesh is the co-founder & CEO of 0.5Bn Passionate about building financial product and customer experience specially for the next half billion customers in the country.  Nilesh has spent 11 years at Omidyar Network and EY in investing, consulting and auditing. He is an MBA post grad from ISB along with a CA and CFA.

अभिषेक Challa

Abhishek has spent most of the 9 years of his career developing products and managing customer experience for the mass market consumer. He has worked across ExxonMobil Lubricants, Bharti Airtel, Airtel Payments Bank and Happy, a small merchant focused digital lender. He holds an engineering degree from BITS Pilani and an MBA from ISB.

निशांत Chandra

Nishant is passionate about technology and building high impact products. Talent management and organizational development in bootstrapped startups to multi million-dollar companies is his sweet spot.

His experience of 14 years in E-Commerce and FinTech ranges from being Founder at Momscurry, a FoodTech startup to engineering leadership roles at Rupeek, Amazon and Adobe. He holds a Bachelor of Technology degree from IIT Bombay.


अनुराधा Ramachandran

Anuradha Ramachandran is the Director of Omidyar Network India (ON) and investment lead for Flourish leading early stage fintech investments in India.

Before ON, she spent seven years at VentureEast and made a number of successful investments in financial services, clean tech, enterprise software, supply chain, and group buying. Previously, she was an investment banker at Lazard India focused on life sciences and consumer products sectors.

Anuradha also served in various M&A, business development, and corporate strategy roles at UTV Interactive and Cadila Pharmaceuticals. She began her career as a principal correspondent on the corporate reporting and equity analysis team of The Financial Express.

Anuradha received an MBA in finance and a B.Sc. in physics from Madurai Kamaraj University.

Current Investments include:
AffordPlan, IntelleGrow, Scripbox, Toffee, Zest, Swarna Pragati, NowFloats and Varthana

अवनिश Bajaj

Founder & MD, Matrix Partners India

Avnish co–founded Matrix India in 2006 and draws his energy from working with best in class Founders with a burning ambition to create large companies with a lasting impact. He has received a number of awards and citations including the 'Midas Touch' best investor award by The Economic Times, a repeat presence on the '40 who matter' list, and the 'Distinguished Alumnus Award' from the Indian Institute of Technology Kanpur.

After graduating from Harvard, Avnish joined Goldman Sachs in their investment banking team during the dot com bubble days where he was exposed to a number of compelling business ideas that ultimately led to the formation of Baazee. Baazee grew into a healthy business in spite of the turbulent market, and ultimately sold to eBay in 2004 for $55 million. Avnish continued to run eBay India for a year and a half. The lessons he took from running a business in a rapidly changing and challenging environment have proven to be invaluable. Avnish’s additional experiences at Apple and eBay have given him a deep appreciation for the myriad of issues a leader has to deal with in creating and running successful enterprises.

Current Investments include:
Ola, Quikr, Practo, Cloudnine, Limeroad, Testbook, DailyNinja, LiquiLoans, Awaaz, Country Delight, Ola Electric Mobility

Board members

अब्राहम Chacko

Experienced banking professional with 38 years of experience in India and abroad with stints in HSBC in India (14 years), ABN AMRO in Dubai, Sri Lanka and Singapore (17 years) and The Federal Bank (4 years). Mr. Chacko is an MBA from XLRI Jamshedpur.

Our Backers

अनंत Arora
Target, IBM
हरिष Agarwal
RBL bank, ICICI bank
कपिल Piparaiya
EY, Forestica
प्रशांत Yadav
Joulon, Accenture
सागर Gupta
Microsoft, Amazon.com
श्वेतांग singh
Mckinsey, JPMorgan chase
श्रीबिंदु Chivukula
Lakshmikumaran and Sridharan
सुशील Thaker
Avanti Finance, KPMG
Anant Arora
Target, IBM
Harish Agarwal
RBL bank, ICICI bank
Kapil Piparaiya
EY, Forestica
Prashant Yadav
Joulon, Accenture
Sagar Gupta
Souq.com, Microsoft
Shwaitang Singh
Mckinsey, JPMorgan chase
SriBindu Chivukula
Lakshmikumaran and Sridharan
Sushil Thaker
KPMG, Deloitte
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