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Solv had announced commercial launch of its platform in Q4 of 2020 and has supported 50,000 KYC-verified MSMEs with over 30% month-on-month growth in GTV on the platform in the last six months, with an aggregate value of around Rs 250 crore of business till date. ....
Story outline For the partnering fintechs and NBFCs, the BNPL offering helps them increase their volumes of loan disbursal. It is also giving them a way to evaluate a customer s credit behaviour without incurring a risk. SOLV’s technology platform enables lending partners lower cost to serve and thereby finance invoices as small as Rs 3,000. Bolstering SOLV’s financial services offering for MSMEs is its proprietary alternate credit score, SOLV SCORE which uses AI and ML to create a comprehensive score card for MSMEs with their traditional and alternate data. BENGALURU: SOLV, a B2B e-commerce platform for micro, small and medium enterprises (MSME), has announced the launch of a Buy-Now-Pay-Later (BNPL) product for MSME buyers and sellers on its platform. BNPL as a concept has already made inroads into the consumer retail sector and seen significant success there, especially in the last year. ....
The best of Made in India apps of 2020; Meet the women in tech who aced at innovating this year The App Fridays column held a mirror to the year’s top trends from ‘aatmanirbhar’ innovation to short video and casual gaming, and more. 0 claps Aaksha Meghawat, Sasikala Devi, Rashmi Mogha, Padma Priya Gaggara, Maggie Inbumuthiah, Jaya Jagadish, Supriya Rathi Bagri. As 2020 draws to a close, turn to these stories of women leaders in technology we discovered this year for inspiration. Founder of GoalTeller, Vivek Banka Founded by Vivek Banka, a veteran in the financial services industry, GoalTeller startup hopes to sign in one million users by 2021. ....
B2B ecommerce platform SOLV helps MSMEs digitise supply chains and grow sustainably SOLV, built by SC Ventures, is a new full-stack B2B ecommerce platform that offers an open and inclusive trade ecosystem across the entire value chain for over 15,000 business users and MSMEs. 0 claps An expert in commercial banking and SME platforms, Jiten Arora is a firm believer in India’s small business ecosystem. He believes that simplifying growth for ambitious entrepreneurs and MSMEs in emerging markets is one of the most pressing challenges that financial institutions can help to tackle. Global Head for SME Platforms, SC Ventures (a business unit of ....