• About Us

Leadership

Dilip Modi

Dilip Modi

Founder
Sanjeev Kumar

Sanjeev Kumar

Co-Founder & CEO
Rajneesh Arora

Rajneesh Arora

Co-Founder & Chief Product & Strategy Officer
Sunil Kapoor

Sunil Kapoor

Executive Director & Group Head - Finance & Compliance
Srivaths Varadharajan

Srivaths Varadharajan

COO - Tech, Design & Data
Bishnu Mohanty

Bishnu Mohanty

Chief Operating Officer - Travel Union
Ajay Desai

Ajay Desai

Chief Operating Officer - Agri Business
Sameer Nagpal

Sameer Nagpal

Chief Business Officer
Vishal Jain

Vishal Jain

Chief Business Officer - Lending Business
Kuldeep Pawar

Kuldeep Pawar

Chief Marketing Officer
Atul Tiwari

Atul Tiwari

Chief Human Resource Officer
Amit Sharma

Amit Sharma

Head - Care & Customer Lifecycle

Spice Money is India’s leading Rural Fintech company empowering merchants / nanopreneurs, called Spice Money Adhikaris through technology to cater to the digital and financial needs of rural citizens in India. Spice Money through its cutting edge technology and wide network of Spice Money Adhikaris, is bridging the gaps in access to various financial services for the masses across the length and breadth of India.

A 100% subsidiary of DiGiSPICE Technologies (NSE: DIGISPICE), Spice Money offers essential digital financial and e-retail services such as cash deposit and Aadhaar led withdrawals, mini ATM services, bill payments and recharge, money transfers, loans, tours and travel and more to the rural citizens through Spice Money Adhikari App (available on Google play store with an industry best rating of 4.4) and Web portal.

The Spice Money network, comprising more than 10 lakh Adhikaris, covers more than 18,000 pin codes, 700 districts and 5,000 blocks, serving over 10 crore households. In fact, the network now covers 95% rural pin codes in India.

A regulated entity under the Reserve Bank of India, the company possess all the relevant licenses like Prepaid Instruments License (PPI) & Bharat Bill Payment System (BBPS), GSP License, IRCTC, and the Corporate Agency license for Insurance by IRDA. Spice Money has partnered with various institutions, banks, service providers enabling the company to launch various products & services that help the network and consumer base in inclusive growth.

In December 2020, Spice Money joined hands with actor and philanthropist Sonu Sood with a shared vision of harnessing the power of technology to promote entrepreneurship among the rural and semi-urban population. Together with Sonu Sood, the company reinvented it into a new identity – Spice Money to Life Bani encapsulating the brand philosophy of bringing real change in the lives of its customers & Adhikaris.

Spice Money has been constantly innovating to expand its reach to the underbanked and underserved parts of India. In February 2021, a zero-investment business initiative was launched that removed the barrier of entry for aspiring young rural entrepreneurs and enabled them to become a part of the Spice Money network completely free of cost with their very own ‘Digital Dukaan’.

Spice Money is also building India’s largest mATM Network to address the critical issue of inaccessibility to ATMs and physical banking infrastructure for those living in rural India. Spice Money has successfully activated more than 1,00,000 micro-ATMs throughout its network. As a testimony of its commitment, Spice Money has even covered India’s last village, Chitkul with its very first ATM network.

Spice Money is constantly working towards driving innovative tech-driven solutions to empower rural citizens and drive financial inclusion across the country.


Our Journey