Other Deals - Listed Firms
Supply chain finance player Veefin attracts Rs.136-Cr; plans to raise Rs.155-Cr more next month
Publicly-listed, Mumbai-headquartered Veefin Solutions has raised INR 136 crore (about USD 16 million). It is planning to raise an additional INR 155 crore (around USD 18 million) by January 2025.The proceeds will be used to support product development, acquisitions, and the ongoing global expansion.Veefin offers supply chain finance and digital lending solutions including an end-to-end stack from customer onboarding and thorough underwriting to transaction management systems (LMS) and collections processes. Its clients include banks, financial institutions, fintech firms, B2B marketplaces, and large corporations.
Veefin had acquired TaxGenie, Nityo Infotech, EPIKInDiFi and The Walnut.ai during the year.
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