KarmaLifeAI
Shabaz Ahmed has a diverse professional background in the tech industry, currently holding the roles of Head of Product and Engineering Lead at KarmaLifeAI. Prior to this, Shabaz worked at Microsoft as a Software Engineer 2, where Shabaz worked on innovative projects such as transit and visit detection and developing an expense-management app. Shabaz also co-founded the startup Simply app, where Shabaz served as the Chief Technology Officer, and at Science as an Entrepreneur In Residence. Shabaz holds a Bachelor of Engineering in Computer Science from Ramaiah Institute Of Technology.
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.