Get All Access for $5/mo

eFunder.ai eFunder.AI offers an artificial intelligence (AI)-driven digital financing platform for SMEs.

You're reading Entrepreneur Middle East, an international franchise of Entrepreneur Media.

EFUNDER.AI
SIDDHARTHA AGARWAL, CO-FOUNDER AND HEAD OF PRODUCT, DEEPAK MANICKAM SEKAR, CO-FOUNDER AND CEO, DHANUSH ARJUN, CO-FOUNDER AND EXECUTIVE DIRECTOR, EFUNDER.AI

eFunder.ai is an AI-driven digital private financing platform that offers revenue backed financing solutions to small and medium businesses, thereby enabling them to accelerate their business growth by leveraging current and future receivables. eFunder.ai is focused on enabling the most convenient hassle-free access to financing for small and medium businesses by enabling them to leverage on their current and future revenues/receivables to raise funds and accelerate their growth. With its unique verticalized and machine learning driven approach to credit underwriting combined with automated digital integrations, eFunder.ai has built robust scalable solutions to solve the financing needs of small and medium businesses in a hassle-free manner, which allows them to focus on business performance. This alleviates significant financial stress for SMEs, and acts as a key line of financing for their business growth, while allowing them to retain ownership control of their business. "Instant cash consistent cash flows" is the company's motto towards which eFunder.ai is building new age solutions with an aim to be the leading digital financing solution for SMEs in the MENA region and beyond.

  • FOUNDED IN: 2020
  • SECTOR: Fintech

"eFunder.ai aims to build the future of financing by enabling ease of capital access to SMEs via digitally integrated and AI-driven credit underwriting solutions that are currently lacking in the market. eFunder.ai's real-time evaluation at the point of sale provides significant analytical insights that goes beyond traditional methodologies of risk assessment, and shows a true picture of SME performance with data and AI-backed machine learning algorithms that can be tracked, traced, and trained to build transparency, efficiency, and a highly secure mode of financing. By serving UAE-based SMEs, we have already enabled the increase in employability at these SMEs by 20-50%, and helped their businesses grow by 2-3x within 6-8 months, while at the same time, leading the way in changing the SME financing landscape in the UAE, MENA, and beyond."

Click here to see the full Future 100 list.

Growth Strategies

Bidding For Success: Dr. Kevin Khalili, CEO, Falcons

UAE-based Falcons is pioneering the future of luxury collectibles, with CEO Dr. Kevin Khalili at the helm of carrying out this mission.

Entrepreneurs

Catalyzing Change: How UAE-Based Holo, The Middle East's First Digital Mortgage Platform, Is Transforming The Process Of Buying A Home

With free access to over 500 mortgage products from all the banks in the UAE today, the Holo platform directly addresses pressing issues that the home buying process is ridden with till date

Women Entrepreneur®

Follow The Leader: Briar Prestidge, Founder And CEO, Prestidge Group

"This is the time to experiment, to push boundaries, and to create experiences that captivate and inspire."

Growing a Business

At 24, She Was Fired From Her Advertising Job. Then an 'Incredibly Important' Mindset Helped Her Build a Multimillion-Dollar Business.

Melissa Ben-Ishay's brother Brian Bushell encouraged her to follow her passion — and it led to major success.

Leadership

Your Definition of Leadership Is Outdated — Here's How to Be a Better Leader in the Modern Workplace

In my nearly thirty years as a leader, I've focused on setting a clear vision and empowering my team to achieve our goals. We prioritize establishing shared objectives while allowing for flexibility when needed.

Starting a Business

She Started a Business With $2,000 of Personal Savings — Then Grew It to More Than $100 Million Revenue

Nicole Wegman, founder and CEO of Ring Concierge, drew on her experience as a product developer to launch her business.