• FOUNDING YEAR: 2014
    LOCATION:
    India
    REGION:
    Last Update:
    27 Jun, 2019

Description

FOCUS

PRODUCTS & SERVICES:
SME Financing platform - Invoice discounting marketplace. Funding to MSME based on unpaid invoice of large clients
REVENUE MODEL:
Viewable by subscribers only
MAIN CLIENTS:
Small- and medium-sized businesses and Retail investors
COMMENT
A marketplace platform that frees up cash tied in invoices for SMEs. Provides alternative investment option for retail investors who buy the SME's invoice at a discounted price.

PEOPLE

Board Members and Advisors:
R B Barman
NUMBER OF EMPLOYEES:
11-50

TRACTION

Insufficient information for accurate analysis

MOMENTUM

FUNDED:
YES
TOTAL FUNDING:
$6.73 Millions
DATE OF LAST FUNDING:
Oct 2016
SEED & PRIOR FUNDING:
$750 K
SEED CLOSED ON:
Apr 2016
FUNDING SERIES:
SERIES A
$6.25 Millions Closed: Oct 2016
LISTED:
NO

LATEST RESEARCH