Tuesday, October 25, 2016

KredX US$6.25M to help SMEs raise working capital against the unpaid invoices of clie

It*helps businesses meet their short-term working capital needs by discounting their unpaid invoices to a network of buyers/financiers including banks, NBFCs, wealth managers and retail investors KredX, an invoice discounting marketplace for micro, small and medium enterprises (MSMEs), has secured US$6.25 million in Series A funding led by Sequoia India. Existing investor Prime Venture Partners...
The post KredX US$6.25M to help SMEs raise working capital against the unpaid invoices of clients appeared first on e27.


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