Private Equity Angel Investments
B2B supply chain fintech co. QuiD Cash raises $4.5 M from Piyush Jain, others
Source Inc42 (opens in a new tab)
Bengaluru-based supply chain fintech platform QuiD Cash has raised USD 4.5 million (around INR 38.23 crore) in a pre-Series A funding round from angel investors, including Piyush Jain (Director of Shrem Group) and existing investor Mint Cap Enterprises. The proceeds will be used for technology enhancement and business growth.Founded in 2023 by Subhash Gupta and Vikram AG, QuiD Cash offers financial solutions through its B2B (business-to-business) supply chain platform.
Company website ↗ (opens in a new tab)
In Feb 2024, QuiD Cash had raised about INR 5 crore from Mint Cap Enterprises and Stone Park Capital.