I like the for-profit structure as a vehicle for testing out ideas and hypotheses because it is a self-generating feedback system that has the potential for very large scale, forces discipline and keeps you anchored to reality and on your toes.
Scimergent was founded in August of 2012 and presently operates in both India and the United States. We work with dark data and complex systems science to build platforms that enable the 70% of humanity that are offline, offgrid or otherwise unconnected to the modern economy. Our team is a diverse group that comes from science, technology, telecom and agriculture with experience building large scale field ops, technology platforms, algorithms and high performance teams.
Madura Microfinance is a non banking finance company (NBFC) founded in 2006 that presently operates across 160 locations in rural Tamil Nadu, India. It’s core competence has been in bringing cost efficiency and therefore high profitability to its field operations. In its new avatar, in collaboration with Scimergent, it is extending its capability to use intelligence to drive more productive lending and enable more differentiated loan products.
Madura Microeducation is a subsidiary of Madura Microfinance. Here we develop short digital courses that facilitate and enable entrepreneurship among lower income communities. The courses are fully contained within the audiovisual medium and use a combination of characters and human drama and other teaching techniques to create connect with the audience . Courses and assessments are offered through franchisees as well as in Madura’s 150 centers.