Supply chain finance startup CredAble raises Rs 100cr from Alpha Capital
The company offers Receivables Xchange (RX) platform and 'just-in-time' working capital financing solutions. It also collaborates with large corporates to provide digital vendor financing solutions that enable their vendors gain instant access to working capital.
CredAble said it has raised Rs 100 crore in series A funding from Alpha Capital. The funds will be primarily used to expand the company's loan book and to accelerate growth plans. Representational Image, source: Pixabay