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Fintech Startup focusing on Supply Chain Financing for MSME/SME in India11-50 Employees
  • Early Stage
    Startup in initial stages
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Fintech Startup focusing on Supply Chain Financing for MSME/SME in India
Finovate Capital is an innovative Fintech platform that is providing short term finance to MSME/SME. We are looking to combine the traditional approach of credit distribution with state of the art fintech platform to bring together best of both worlds and driving immense efficiencies in an erstwhile traditional business.

Supply Chain finance is a great example of a traditional paper-based industry dominated by banks that focus on large, established corporate customers only. MSME, that account for 45% of India's GDP, remain largely neglected by banks. We want to change that using technology in a very innovative manner to bring Supply Chain Financing to mainstream with seamless access to capital at the click of a button and creating an unmatched distribution network.

Products: Invoice Discounting, Receivables Financing, Sales Bill Discounting, Early Payments, Unsecured Business Loans, Working Capital Loans.
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Avatar for Akshat Birla
Co-Founder, CEO of Finovate Capital | ex-Samsung | ex-Credit Suisse | Insead
Funded over

1 round

Latest round

Seed (Jun 2019)

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