udaanCapital disburses Rs 4000 cr in supply-chain financing to MSMEs

The fintech says it is uniquely positioned to tap the $380 billion working capital opportunity in this space

udaanCapital, the fintech arm of e-commerce firm udaan, said it has facilitated disbursals of over Rs 4,000 crore of working capital to over 2,500 MSME (micro, small and medium enterprise) buyers the past 24 months. The disbursals were made via tie-ups with brand partners under the firm's supply chain financing programme.

udaanCapital said it is uniquely positioned to tap the $380 billion working capital opportunity in India’s MSME segment. It aims to do this by externalising its core capabilities of providing credit to retailers on udaan, the largest business-to-business e-commerce company in the country. udaanCapital has also achieved the milestone