🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥
✕
Login
Home
News
Messages
Startup Showcase
Trackers
Premium
Premium Content
Jobs
Notifications
Settings
Try our Valuation Calculator →
Log In
News on Medial
Supply chain finance startup Vayana bags NBFC licence, set to raise $20 million
Economic Times
·
4m ago
Medial
Vayana, a Pune-based supply chain finance startup, has acquired an NBFC license from the Reserve Bank of India, allowing it to enter co-lending partnerships with larger lenders. This move aims to bolster its operations in invoice discounting and trade financing. Backed by SMBC Asia Rising Fund and others, Vayana is set to raise an additional $20 million to capitalize its NBFC business. Founded in 2017, it processes significant financing volumes monthly, serving numerous enterprises.
View Source
Related News
KredX secures licence from RBI to operate as a TReDS platform
Economic Times
·
6m ago
Medial
KredX, a Bengaluru-based supply chain finance startup, has received approval from the Reserve Bank of India to operate as a Trade Receivables Discounting System (TReDS) platform under the brand DTX. As the fifth company to be licensed in this domain, KredX aims to facilitate bill discounting for small enterprises. Founded in 2015, it aids over 70,000 businesses with cash flow optimization and finance solutions, supported by $33 million in equity funding.
View Source
Fintech startup Jai Kisan secures NBFC licence; to focus on loan distribution, co-lending
Economic Times
·
11m ago
Medial
Indian fintech startup Jai Kisan has acquired a majority stake in NBFC Kushal Finnovation Capital, subsequently obtaining a non-banking finance company (NBFC) license. With this license, Jai Kisan can now offer customised financial products, including loans from its own portfolio, and enter into co-lending partnerships with financial institutions. Previously, the company's offerings were limited to partner banks and NBFCs. Jai Kisan aims to utilize the license to directly provide tailored financial solutions to farmers and rural businesses. The startup has also expanded its advisory board and plans to raise funds to support the operationalisation of the NBFC.
View Source
Student loan fintech startup Kuhoo Finance secures RBI approval for NBFC licence
Economic Times
·
4m ago
Medial
Kuhoo Finance, a WestBridge Capital-backed student loan fintech startup, has secured an NBFC licence from the Reserve Bank of India, permitting loans up to Rs 2 crore for various educational programs. Kuhoo, founded in 2021, utilizes AI-driven models for responsible lending. This approval enhances its capacity to innovate and cater to diverse academic financing needs, competing with other education loan providers like Eduvanz. It raised $20 million in funding in March 2022.
View Source
Tiger Global-backed Wiz Freight raising more capital in extended Series B round
VCCircle
·
1y ago
Medial
Supply chain startup Wiz Freight, backed by Tiger Global, is set to raise more capital in the second close of its Series B funding round. The company has already secured Rs 125 crore ($15 million) in the initial close of the funding round and aims to raise additional funds in the extended round.
View Source
EV Startup Matter Bags $35 Mn In Ongoing Series B Round To Strengthen Supply Chain
Inc42
·
1y ago
Medial
Electric vehicle startup Matter has raised funding in a round led by Helena. Other participants include Japan Airlines, Translink Innovation Fund, and Info Edge's Capital 2B. The funding will be used to boost manufacturing plans, enhance the supply chain, and establish retail stores. Matter is aiming to raise a total of $65 million to $70 million in its Series B round.
View Source
Vayana raises $20 million in funding round led by SMBC Asia
Economic Times
·
11m ago
Medial
Trade finance platform Vayana has secured $20.5 million in a Series D funding round, led by Sumitomo Mitsui Banking Corporation Asia Rising Fund. The investment will be used to develop new products that enhance the company's trade credit, compliance, and risk management platforms. Vayana provides trade finance to suppliers and small enterprises in sectors such as automotive and manufacturing and claims to facilitate over $1 billion in financing each month. The firm also offers goods and services tax solutions for corporates and micro, small, and medium enterprises. To date, Vayana has raised over $67 million in funding.
View Source
ProcMart Bags $30 Mn To Boost Supply Chain Integration For Businesses
Inc42
·
1y ago
Medial
Noida-based B2B procurement marketplace ProcMart has raised $30 million in a Series B funding round led by Fundamentum Partnership and Edelweiss Discovery Fund. The company plans to use the capital to explore strategic acquisitions, expand its distribution network, strengthen international operations, and enter new industries. ProcMart connects stakeholders in the supply chain, offering comprehensive solutions for indirect sourcing requirements. The startup currently operates in 20 cities in India and in Malaysia and Indonesia. ProcMart had previously raised $10 million in a Series A funding round.
View Source
SMBC’s Asia Rising Fund joins Vayana’s ongoing Series D round
VCCircle
·
11m ago
Medial
Trade credit infrastructure platform, Vayana, has raised $20.5 million in its ongoing Series D funding round, led by SMBC's Asia Rising Fund. The funds will be used to introduce new products aimed at improving Vayana's suite of trade credit, compliance, and risk management platforms. Vayana facilitates over $1 billion of financing every month for banks and NBFCs, serving over 300,000 Indian enterprises and covering over 3,000 supply chains. This latest funding comes after Vayana raised nearly $52 million in its previous funding round.
View Source
VC-backed Aye Finance set to secure $30 mn in fresh capital
VCCircle
·
1y ago
Medial
Aye Finance, a non-banking finance company (NBFC) in India, is poised to raise $30 million in new funding from a foreign institution that has previously supported the company. Aye Finance specializes in lending to micro, small, and medium-sized enterprises (MSMEs). The capital infusion will enable the NBFC to further support MSMEs and expand its operations.
View Source
ArisInfra Solutions sets IPO price band at Rs 210-222 per share for Rs 500 crore offering
IndianStartupNews
·
1m ago
Medial
ArisInfra Solutions, a Mumbai-based B2B startup, has set its IPO price band at Rs 210-222 per share, aiming to raise Rs 500 crore. The IPO will run from June 18 to June 20, with shares listing on June 25. The funds will primarily support the company's working capital, technology upgrades, and geographic expansion. Founded in 2021, ArisInfra targets the construction sector, offering a digital platform for procurement and supply chain management of bulk construction materials.
View Source
Trackers
Active Indian VC’s
OG Capital
Email
With a hands-on approach, OG Capital aims to invest in over 20 promising...
Accel Partners
Email
Early and growth-stage investments in disruptive technology companies with...
Blume
Email
Early-stage venture capital firm investing in technology startups in India. Focus on...
Access All Trackers
Startup Showcase Winners
June 2025
Buddy
Helping your parents when you are miles away
BiteStop
The Pit Stop Your Cravings Deserve
Bloomer
The next generation E-commerce platform
Enter Ongoing Startup Showcase
Top Users
Trending News on Medial
Download the medial app to read full posts, comements and news.
Go to Medial App
Not Now
Know everything that’s happening in the startup ecosystem, first.
Enable Notifications?
No, thanks
Count me in
/indianstartupnews/media/agency_attachments/s1FnhAYONODoxNkoC8xA.png)
