How Vayana Network is financially enabling the MSMEs of India through SCF and access to trade finance
CXOToday has engaged in an exclusive interview with Mr. Kalyan Basu, MD & CEO Vayana (IFSC) Pvt. Ltd. which owns and operates Vayana TradeXchange, the ITFS platform regulated by IFSCA.
Q) How is Vayana bringing formal finance to the last mile leading to the formalization of small businesses? What are the products and services offered by Vayana Network?
At Vayana, we believe, that every business, small or large, should have timely access to affordable and formal sources of working capital finance. Vayana creates supply chain finance programs for corporates and their partners (vendors and dealers), all the way up to the last mile which could be a kirana store or a sole proprietor-led small manufacturing unit.
Vayana, with the help of technology and the deep domain experience of its team, has developed products, which make it unit positive for lenders to finance MSMEs,
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