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Thursday, December 19, 2024 | 04:32 PM ISTEN Hindi

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EnKash: Powering India's SMEs and start-ups with a suite of corporate cards

The firm currently has a user base of 100,000 enterprises and processes transactions worth about Rs 28,000 cr a year

EnKash
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Naveen Bindal, Co-Founder of EnKash

Namit Gupta Mumbai
You've got a running business and need money moving in and out quickly and seamlessly. The problem is very few banks and institutes will give funds in the range of Rs 25 lakh to 50 lakh. Getting money from Banks is a long process and many may get rejected because they are too small.

It is this untapped market of small businesses and startups struggling with big-ticket payments that Naveen Bindal, co-founder, EnKash, believes occupies a large chunk of a $500 billion domestic opportunity estimated by Google-BCG in one of their reports. And this chunk has been lying under

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