Vayana Network, a trade supply chain financing platform for B2B enterprises, on Friday announced that it has completed $5 billion of financing on its platform till date, including $1 billion in the last seven months amidst the pandemic.

The company works with over 300 corporates and 20,000 MSME businesses financing the entire network — suppliers, dealers and retailers, it said in a statement.

Vayana Network said it was on its way to double its existing customer base by the end of 2021 and would want to achieve a disbursal mark of $10 billion by the end of 2022.

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Printable version | Nov 8, 2020 2:31:32 PM | https://www.thehindu.com/business/vayana-networks-completes-5-bn-financing/article33042971.ece

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