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Trade financing platform Vayana Network raises Rs 283 cr in funding round

The company has financed more than $8 billion of credit to some 22,000 small businesses

Deepsekhar Choudhury Bengaluru

Premium

Its network spans 600 cities in India and extends to 20 countries across the globe

2 min read Last Updated : Nov 11 2021 | 12:59 PM IST

Trade finance platform Vayana Network has raised Rs 283 crore in funding, the company said on Thursday. Vayana saw participation from existing and new investors in the Series C funding round.

Vayana has given more than $8 billion as credit to 22,000 small businesses in 25 sectors. Its network spans 600 cities in India and extends to 20 countries across the globe.

Chiratae Ventures, CDC group, Jungle Ventures, March Capital, Marshall Wace and some of the large family offices in India and abroad were among investors in the company’s latest funding round.