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India

CredAble and SBI Global Factors partner for tech driven...

CredAble, a leading FinTech player in supply chain finance and SBI Global Factors Ltd. (SBIGFL), India’s premier factoring company, announced their strategic business partnership. The partnership is aimed at revolutionising domestic and export factoring, reverse factoring, and Letter of Credit...

#supply chain finance

India’s M1xchange set to double its volume again

M1xchange, one of India’s TReDS platforms, which almost doubled its business volumes to INR 43,000 crore/INR 45,000 crore (US$5.18bn/US$5.42bn) for…

#Sundeep Mohindru


Cashinvoice raises US3.4m new funding to expand business

Supply chain financing platform Cashinvoice has raised US$3.4m (INR 28.2 crore) in a Series A funding round. The funding round…

#CashInvoice#HDFC Bank#supply chain finance


Veefin integrates with Metalbook to streamline SCF in India’s...

Veefin Solutions, a prominent technology vendor specialising in Supply Chain Finance in India, has recently expanded its clientele by onboarding…

#Raja Debnath#supplier finance#supply chain finance


India’s TReDS platform growing faster than ever

India’s invoice discounting platform, TReDS, grew rapidly in 2023 according to figures released by the Reserve Bank of India (RBI).…

#bank#International Trade#invoice


Veefin Solutions experiences 300% surge in demand for SCF

Veefin Solutions, a leading player in the receivables finance space in India, has reported a remarkable 300 per cent increase…

#supply chain finance#Veefin


Unity Bank partners with Uncia for its SCF platform

Uncia Technologies (Uncia) has announced the go-live of Uncia Chain, its supply chain finance (SCF) platform, at Unity Small Finance…

#supply chain finance


Veefin’s SmartFin SCF solution implemented by Yes Bank

Yes Bank, one of the leading Indian private sector bank, has unveiled ‘SmartFin,’ an end-to-end digital supply chain finance (SCF)…

#MSME finance#Raja Debnath#supplier finance


Invoicemart signs MoU with Grameen Foundation to empower women-led...

Invoicemart, India’s largest Trade Receivable Discounting System (TReDS) platform, has sign a Memorandum of Understanding (MoU) with Grameen Foundation for Social…

#Invoicemart


Indian RBL Bank launches e-BG on the NeSL platform

RBL Bank today launched electronic bank guarantee (e-BG), signalling a significant step forward in trade finance digital transformation. The e-BG…

#RBL Bank


Mumbai-based SCF services company, Veefin, forms subsidiary

Veefin, a rapidly expanding supply chain finance (SCF) company headquartered in Mumbia, has just formed a new subsidiary, Finfuze Software…

#financial services#supply chain finance#Veefin


Red Fort Capital launches invoice discounting in India

Red Fort Capital Finance Company Private Limited (Red Fort Capital), an Indian Non-Banking Financial Company (NBFC) MSMEs lender, has just…

#bank#Flexible Funding#invoice

India’s Yodaplus DocuTrade digitises Bill of Lading

Yodaplus DocuTrade in a collaborative endeavour with its ecosystem partner XDC Trade Network, has successfully executed a pioneering transaction by…

#blockchain#eBL#tokenisation

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