KarmaLifeAI
Naveen Budda is the Co-Founder of KarmaLifeAI, where Naveen focuses on building a financial wellness platform using AI technology. Prior to this, Naveen held positions in companies such as Smartron, Samsung R&D Institute Bangalore, Celstream Technologies, Sasken Communication Technologies Ltd, Pinexe Software Pvt Ltd, and Suvistas Software (P) Ltd, where Naveen worked on various tech-related projects. Naveen holds a Bachelor of Engineering in Electronics and Communications Engineering and completed the Senior Management Program at the Indian Institute of Management Ahmedabad in 2020.
KarmaLifeAI
KarmaLifeAI is an AI-powered digital solution for the financial well being of blue-collar gig workers and micro-business. The company allows the user to pay directly for key expenditures and smoothen their consumption patterns. It offers real-time access to credit for gig workers, based on their payroll account, through partnerships with thedigital platforms they work for. It operates an interest-free subscription model in which the platform or the gig worker can pay a flat fee and access credit equalling up to one-third of their monthly income. The company analyzes alternative data points and payment behavior over time to unlock higher credit lines for the workers.