Supply chain finance provider LivFin raises $2-M from BlackSoil

Delhi-based fintech NBFC LivFin India Pvt Ltd has raised USD 2 million in venture debt from BlackSoil. Livfin provides supply chain finance to mid-to-large corporations by setting up programs to lend to their suppliers/vendors and distributors/dealers/retailers through an 'anchor'-based financing model. The NBFC is backed by SAR Group promoters and has attracted investments from German DFI-DEG.