Vayana: Supply chain finance startup Vayana bags NBFC licence, set to raise $20 million

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Pune-based ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/supply-chain-finance” target=”_blank”>supply chain finance startup ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/vayana” target=”_blank”>Vayana has received a non-banking finance company (NBFC) licence from the ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/reserve-bank-of-india” target=”_blank”>Reserve Bank of India, two people in the know said.

ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/jupiter” target=”_blank”>Jupiter and Cred are the other ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/fintech-startups” target=”_blank”>fintech startups which have received a lending licence from the central bank.

While Amica Financial, the parent entity of Jupiter, got a fresh ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/nbfc-licence” target=”_blank”>NBFC licence in April 2023, Cred, founder Kunal Shah, acquired Parfait Finance, another NBFC, in 2021 to start the lending business.

data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/tech/technology/many-fintech-firms-trip-on-rbis-nbfc-licence-roadblocks/articleshow/102731163.cms?from=mdr” data-type=”tilCustomLink” target=”_blank”>ET had reported in 2023 that ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/uni-card” target=”_blank”>Uni Card and One Card, two well-funded fintech startups,…



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Vayana: Supply chain finance startup Vayana bags NBFC licence, set to raise $20 million


Pune-based ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/supply-chain-finance” target=”_blank”>supply chain finance startup ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/vayana” target=”_blank”>Vayana has received a non-banking finance company (NBFC) licence from the ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/reserve-bank-of-india” target=”_blank”>Reserve Bank of India, two people in the know said.

ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/jupiter” target=”_blank”>Jupiter and Cred are the other ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/fintech-startups” target=”_blank”>fintech startups which have received a lending licence from the central bank.

While Amica Financial, the parent entity of Jupiter, got a fresh ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/nbfc-licence” target=”_blank”>NBFC licence in April 2023, Cred, founder Kunal Shah, acquired Parfait Finance, another NBFC, in 2021 to start the lending business.

data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/tech/technology/many-fintech-firms-trip-on-rbis-nbfc-licence-roadblocks/articleshow/102731163.cms?from=mdr” data-type=”tilCustomLink” target=”_blank”>ET had reported in 2023 that ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/uni-card” target=”_blank”>Uni Card and One Card, two well-funded fintech startups,…



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