Bengaluru, India & Dubai, UAE — 14 Mar 2026

Bankberry, an active participant in FasterCapital’s EquityPilot program (https://fastercapital.com), today reports substantial operational progress: technology partners have delivered a full end-to-end BFSI platform, MOUs and SOWs are under final sign-off, and the company is preparing rapid deployment and customer pilots that position it to advance directly into a growth stage. FasterCapital continues to provide execution-focused support during this phase.

With ongoing FasterCapital support through EquityPilot, Bankberry is focused on finalizing legal and technical agreements, freezing the platform for deployment, and executing near-term pilots and commercial discussions with partner banks.

What the Startup Delivers?

- Product Snapshot: A full-suite BFSI application including Android/iOS and non-Android front-ends, a middleware core banking system, and backend APIs for integration with banks and NBFCs.

- Target use cases: zero-balance savings accounts for farmers, current accounts for FPOs/retailers (B2B), and digital KCC workflows with automated decisions.

Current FasterCapital Support

FasterCapital’s ongoing contribution in this phase includes: - Milestone planning and execution follow-up - Fundraising readiness support and pitch refinement - Introductions to ecosystem stakeholders and partner banks - Strategic prioritization and market positioning guidance

Current Execution Priorities

Bankberry’s current, next-stage workstreams focus on: - Finalizing and signing incoming MOUs and SOWs with the technology partner and banking partners - Freezing the technology for deployment and completing integration tests so the platform can be deployed within the stated 6–8 week window - Launching pilots and initial customer activations, including planned ZBSA and KCC rollouts with Union Bank of India in the target states - Preparing operational processes and minimal hires contingent on near-term fundraising

Leadership Comment

Hesham Zreik, Founder and CEO of FasterCapital, said: ‘We’re pleased to continue supporting Bankberry through EquityPilot. Our team is focused on current execution priorities, milestone tracking, and connecting the startup with relevant ecosystem stakeholders as it advances.’

About Bankberry

Bankberry develops a production-ready digital banking platform focused on agricultural and small-business financial services. Its stack combines accessible front-ends for low-connectivity users, a core banking middleware, and backend APIs for regulated financial institutions and fintech partners. Bankberry is executing commercial pilots and partnership discussions to expand digital financial access for farmers, FPOs, and retailers.

About FasterCapital

FasterCapital works with founders to turn plans into disciplined execution through milestone-based support, hands-on guidance, and improved fundraising readiness. With programs including EquityPilot, FasterCapital helps startups sharpen positioning, clarify priorities, and connect with relevant ecosystem stakeholders as they grow.

India & Dubai, UAE — 19 Feb 2026

India’s smallholder farmers and rural retailers remain dramatically underserved by formal credit: low collateral availability and limited credit histories constrain pre- and post-harvest financing. Bankberry addresses this systemic gap at a time when digital onboarding and layered fintech-banking models can rapidly expand financial access across targeted states. FasterCapital’s EquityPilot will support Bankberry’s regional rollout across Tamil Nadu, Karnataka, Andhra Pradesh, Telangana, Maharashtra and Kerala.

What the Startup Delivers?

Bankberry is building an end-to-end financial services platform for farmers, retailers and FPOs that combines: - Zero-balance savings and current accounts for farmers, retailers and FPOs; - Micro-lending without collateral (ticket sizes INR 5K–300K, focused on INR 5K–100K for most customers); - A fintech stack with neo-bank and lending platform integrations, and an FLDG (First Loan Defaulter Guarantee) distribution model; and - Crop and livestock insurance, supplier finance, bill discounting and working capital products routed through FPOs and retail channels.

Why Now?

Rapid digitization of account opening, increased acceptance of alternative credit signals, and growing institutional interest in agri-finance create a window to onboard farmers at scale. Bankberry’s initial focus on Tamil Nadu and Karnataka allows the team to prove operational workflows, KYC-driven onboarding and FLDG flows before broader expansion.

Program Plan (first 30–60 days)

Under EquityPilot, FasterCapital will work with Bankberry to: - Finalize execution milestones for technology stabilization and customer onboarding flows; - Validate acquisition channels at Hobli and FPO levels for initial rollouts in Hosur, Krishnagiri and Madurai; and - Connect Bankberry with banking, NBFC and insurance players for co-lending and insurance integrations.

Leadership Comment

“Hesham Zreik, Founder and CEO of FasterCapital, said: ‘We’re excited to support Bankberry through EquityPilot. Our team will focus on execution milestones and connecting the startup with the right ecosystem stakeholders.’”

Founder background

Bankberry is led by Balaji Chavan (CEO), who brings 23 years of experience across IBM, Tesco, HP, Accenture and Capgemini, plus entrepreneurial and audit experience. The leadership bench also includes CFO Akshay Sriram (ACCA) and regional lead Kashinath Rai, supported by advisor Allen R. Wazny.

Competitive landscape

The market includes lenders and agri-commerce players such as Samunnati, Avanti Financing, Jai Kisan and DeHaat. Bankberry differentiates by bundling zero-balance digital accounts, micro-lending without collateral via FLDG, and downstream insurance and supplier finance for FPOs and retailers.

Next 90 Days

Bankberry will execute targeted Hobli-level marketing, onboard five initial FPOs (~5,000 farmers), deploy closed-loop co-lending integrations, and operationalize the call center/BOT and shared FAO services. FasterCapital will help refine the GTM, onboarding KPIs and partner introductions.

About Bankberry

Bankberry is a financial services platform focused on enabling farmers, retailers and Farmer Producer Organizations with digital accounts, collateral-free micro-lending and integrated insurance and supplier finance. The company’s product roadmap includes neo-banking integrations, expanded lending tiers and digital crop and livestock insurance.

About FasterCapital

FasterCapital is a global venture builder and online incubator dedicated to co-funding and co-founding innovative startups. Established in 2014, we are now #1 venture builder in terms of number of startups that we have helped, money invested and money raised. It supports startups worldwide through various programs, including funding assistance, business development, and technical support. The EquityPilot program is designed to help early-stage startups build scalable solutions with mentorship, strategic guidance, and network support.