The corporate card market is ripe for change: Volopay's Rohit Bhageria

We have raised approximately $32 million in a mix of debt and equity, Bhageria said

Volopay, a Singapore-based B2B fintech, is foraying into India after its domestic and Australian roll-outs. Its $29-million fund-raising in March this year saw participation by  JAM Fund, Winklevoss Capital Management, and Accial Capital, among others. The big names backing Volopay are Shweta Rau of White Ventures, Amrish Rau of Pine Labs, and Jitendra Gupta of Jupiter. ROHIT BHAGERIA, the firm’s founding member, spoke with Raghu Mohan on how the corporate card market can be rethought. Edited excerpts:

How has Volopay been imagined?

We are a payable and receivable management platform. B2B businesses — which employ anywhere between 20 and 700 employees —