Supply Chain Finance

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

Flipkart, Walmart ink MoU with NSIC to speed up capacity creation for MSMEs

The three plan to support MSMEs in their quest to integrate with local and global retail supply chains

TVS SCS extends contract with Dennis Eagle for UK aftermarket services

UK-based refuse truck manufacturer needed services for supplier management, stocking and sourcing

Sanjeev Gupta's Liberty Steel nears deal with Credit Suisse, Greensill

Gupta's sprawling group of metals firms, gathered under a loose umbrella called GFG Alliance, were pushed to the brink when Greensill collapsed in March 2021

Global supply chains gear up for overhaul next year, survey shows

The survey also showed concerns were broader than supply chains, with 51% of respondents saying their expect the environment for international trade to be harder next year

Supply chain disruption a challenge but IndiGo CEO sure of capacity growth

Foresees 13% capacity growth, hints at likelihood of aircraft lease extension; airline is seeing passengers moving from rail and other modes on short duration routes

Yubi ties up with U GRO Capital for co-lending and supply chain financing

Through this collaboration, the brands will provide MSMEs with financing of more than Rs 2,000 cr by March 2023

Hero MotoCorp selects Accenture to enhance supply chain, reduce costs

Accenture will use its zero-based supply chain approach to facilitate Hero MotoCorp's cost optimisation efforts

Supply chain start-up Wheelocity raises $12 mn to expand business

Wheelocity will use the fund to build new products, expand its customer base and improve its fruits and vegetables supply chain

Shriram Finance to enter supply chain lending, trade finance biz

One is discounting invoices on the technology platform as the group is already into small and medium enterprises financing

Covid, soaring inflation threaten second winter of woe for world economy

Among the outcomes anticipated by economists are slowing manufacturing and services activity throughout the euro zone and the U.K., and only modest improvement in the U.S.

Four platforms get IFSCA licence for factoring business at Gift City

These in-principle licences were issued by the IFSCA last Friday to start working through sandbox facilities before formal business

Udaan raises $280 mn from existing, new investors, valuation crosses $3 bn

The additional financing exercise takes the overall funding raised by Udaan to date to $ 1.15 billion

Japan to subsidise manufacturers if they shift to India from China: Report

The subsidy aims to reduce Japan's reliance 'on a handful of links' in its supply chains, says Nikkei Asian Review.

China's loss of supply chains may become India's gain in post-Covid era

The government expects the program for electronics alone could lead to $153 billion worth of manufactured goods over the next five years and create about one million jobs directly and indirectly

A great supply chains reshuffle?

Globalised supply chains have been designed to source components from where it is most efficient to deliver these components at the time required, at the cheapest possible cost

Opportunity for Make in India

How India can make the most of the opportunity presented by the groundswell of emotion against China for its disinformation about coronavirus

Banks pushing for supply chain finance on back of low SME bad loans

Negligible non-performing assets in the segment is a driving factor for banks

Global definitions in supply chain finance

SCF is defined as the use of financing and risk mitigation practises and techniques to optimise the management of working capital and liquidity invested in supply chain processes and transactions