In its Series A round, Supermoney, a digital lending platform that specialises in small and medium-sized enterprises (SMEs), has secured $3.4 million (Rs 28.6 crore) from Capital 2B and Capria Ventures.
The proceeds will be allocated to the platform’s expansion and expansion of disbursements.
Read also – AI Startup Genspark Secures $60 Mn Seed Funding Round
Supermoney is a digital platform that offers businesses working capital solutions by offering customized payment and finance solutions that are specifically intended for that business’s supply chain.
Supermoney has formed partnerships with prominent brands in a variety of sectors, including electronics, pharmaceuticals, steel, auto parts, and automotive.
About Supermoney
Founded in 2018 by Nikhil Banerjee, Supermoney is a trustworthy digital working capital platform for large medium & small businesses. They collaborate with renowned brands in industries such as steel, automotive and auto parts, batteries, tyres, electronics, consumer goods, FMCG, and pharmaceuticals to provide tailored payments and finance.
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