Veefin

Veefin

Provider of SaaS pricing-based supply chain financing solutions

Founded

2020

Headquarters

Mumbai (India)

Status

Public

Company Details

Website

Socials

Email

Phone

+91-9819849914

Veefin Solutions Limited, founded in 2020 and based in Mumbai, is a technology company specializing in digital lending and supply chain finance (SCF) solutions. It is listed on BSE SME. Veefin offers an end-to-end platform designed to help financial institutions manage their lending and SCF operations.

Products and Services

Veefin builds white-labeled SCF and digital lending solutions, including customer onboarding, underwriting, transaction management systems (LMS), and collections processes.

Veefin caters to a diverse clientele, including banks, financial institutions, FinTech firms, B2B marketplaces, and large corporates. Some of their clients include Yes Bank, IndusInd Bank, Indian Bank, Citi Bank, BRAC, VP Bank, Riyadh Bank, Aditya Birla Capital, Mintifi, and Ambit Finvest.

Veefin has expanded its offerings through strategic acquisitions and new business lines, including Veefin Capital, GlobeTF, Estorifi Solutions, Infini System, and Ezee.

Mission and Vision

 Veefin's mission is to be the #1 global SCF platform. The company aims to redefine supply chain finance and digital lending through innovative, agile, and scalable technology. They strive to bridge the gap between traditional supply chain lending and the dynamic needs of businesses, especially in the SME segment.

Key People

Shantanu Bairagi

Gautam Udani

Raja Debnath

Key Metrics

Total Equity Funding

$3Million

No. of Funding Rounds

2

Latest Funding Round

$16.0Million, Post IPO

as of December 19, 2024

Post Money Valuation

-

as of N/A

Funding Multiple

-

as of N/A

Investors

GTR Ventures

Employee Count

309

Similar Companies

Procol

Exit Details

N/A

All Funding Rounds

DateRound NameAmountValuationRevenueRevenue Multiple
Investors
December 19, 2024 Post IPO$16.0Million----
December 23, 2021Series A$3.0Million----

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