5 distinctive platforms that provides smooth finance resource for MSME

1.       Indifi Technologies: Indifi Technologies is a Gurgaon-based leading platform for enabling debt-financing for small businesses. The key innovation in approach that Indifi is bringing is to design and deliver credit products basis the kind of business the MSME is in. With proliferation of technology and easier data availability, the platform helps to create an industry-specific credit delivery system in a cost-effective and scalable manner. The USP lies in improving the access to credit, experience that borrowers get in terms of speed of approval and disbursement, relevance of collateral free loans and loan products to their business needs.

2.       LendingKart: LendingKart Finance Limited (formerly Aadri Infin Limited), is a non-deposit taking NBFC, providing SME lending in India. The Company aims to transform small business lending by making it convenient for SMEs to access credit easily. The Company uses technology and analytics tools, analysing thousands of data points from various data sources to assess the creditworthiness of small businesses rapidly and accurately.

3.       Capital Float: Capital Float is an online platform that provides working capital finance to SMEs in India. It offer flexible, short-term loans that can be used to purchase inventory, service new orders or optimize cash cycles. Their mission lies in bridging the current gap in the market with innovative and flexible credit products for SMEs, delivered in an efficient and customer-friendly manner.

4.       KredX: KredX was built to help businesses achieve their short-term working capital needs by discounting their unpaid invoices (raised against blue chip companies) to a network of buyers/financiers including banks, NBFCs, wealth managers, and retail investors. The platform helps organisations maintain cash flow by unlocking the cash that is tied up in their invoices. It also offers financiers access to risk-mitigated, high-yield, and short-term investment opportunities that are not tied to the uncertainties of the stock market.

5.    Neo Growth: Neo Growth is a pioneer and leader in the Indian e-payments industry and managed merchant transactions for acquiring banks as well as credit card issuers and large loyalty programs. It caters to under-served market by adopting an innovative approach and validating the creditworthiness of the business. They believe in financing small business owners by leveraging the digital payments ecosystem.

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