The Indian startup ecosystem is evolving at an impressive pace and lately Sameer Mahajan is making waves with his vision. He founded a financial service provider StrideOne in 2022 with Ishpreet Gandhi and Abhinav Suri.

Sameer Mahajan was earlier with the banking sector and served major institutions like Axis, YES BANK and Standard Chartered Bank. He saw an opportunity with his StrideOne to bridge the gap in financial technology for early-stage startups in India.

He said that at StrideOne they have recognized a significant need for innovative financing solutions which are tailored to the unique challenges faced by visionary startups.

The primary objective of StrideOne is to form strategic alliances with founders from various sectors and regions. It will offer a mix of financial expertise and technical support. The mission is to empower the ambitions of India’s Startup Ecosystem as well as to support the MSMEs.

Sameer Mahajan highlighted the gaps in formal financing options for entrepreneurs and it is compounded by inadequate accounting systems as well as documentation. StrideOne is a short-term solutions and non-credit options. The innovative solutions include Supply Chain Financing and Embedded Finance. It aims to streamline processes, enhance flexibility and bolster the entire value chain.

StrideOne has undertaken a personalized approach and caters to diverse financial needs. Its achievements speak volumes. It has disbursed INR 3000 crore to more than 5000 borrowers and maintains a 100% collection efficiency rate. Its team showcases financial acumen and simultaneously deep ecosystem understanding as well as operational excellence.

Sameer Mahajan emphasized the importance of integrating small and innovative enhancements into operations instead of attempting for wholesale transformations. AI adaption has been important too in its journey.