The trade credit infrastructure platform Vayana, situated in Singapore, Pune, India, has secured $20.5 million in continuous Series D funding.
Leading the round was SMBC’s Asia Rising Fund, with participation from family offices including Quantum State Investment Fund and Emerald Company Pvt. Ltd., as well as current investors like the International Finance Corporation (IFC), Chiratae Ventures, and Jungle Ventures.
The firm plans to introduce new solutions targeted at improving its suite of trade credit, compliance, and risk management platforms with the goal of using the money to accelerate its commitment to offering inexpensive financing throughout the supply chain.
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Vayana is a supply chain finance platform provider with a range of trade credit and trade enablement solutions for all supply chain tiers, led by CEO Ram Iyer.
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The organisation, which links corporations with their trade ecosystems to offer digital, practical, and reasonably priced credit for their payables and receivables, has helped finance more than USD 30 billion with more than 3,000,00,000 businesses spanning more than 3,000 supply chains.
About Vayana
Vayana, the largest Supply Chain Finance platform, provides trade credit and enablement solutions for all supply chain tiers. Vayana is the preferred supply chain finance partner, funding over USD 30 billion with over 3,000 firms over 3,000 supply chains.