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Pune-based Vayana Network is a trade finance company.
Basic Information
Founded in 2017, Vayana is a B2B trade financial intermediary, which connects SMEs and corporates with financial institutions for low-cost access to trade loans. The company claims to have facilitated $4 billion in loans — without any defaults — to date. It makes most of its money by charging borrowers a nominal annual fee and taking a cut of the interest rates banks charge traders. It claims its USP is its cheap interest rates, and it’s those low rates that have helped it retain customers for so long. Vayana finds value in working with smaller businesses because combined, it’s a formidable market to tap with high volumes. Currently present in the US, Singapore, Thailand, Malaysia, Vietnam, and Indonesia, the company is targeting either Japan, South Korea, or Taiwan next. It claims to have serviced clients from over 25 industries, impacting more than 20,000 MSMEs and 300-plus supply chains, and processing more than 1.8 million invoices. Vayana has a CAGR of 300 percent, with an organic growth rate of up to 45 percent.
Legal Name
:
Vay Network Services Pvt. Ltd.
Headquarters
:
Pune, Maharashtra, India
Business Model
:
B2B  
Founding Date
:
2017
No. of Employees
:
151 to 250
Core Team
:
1.  
Ramaswamy Iyer
Founder & CEO
Funding
Investors
:
1.  
Chiratae Ventures
2.  
Jungle Ventures
Detail Round Breakdown
Round 1
Round 2

$38.01M

Series Name
:
SERIES-C
Date
:
11th Nov 2021
Investors
:
1.  
Marshall Wace
2.  
Chiratae Ventures
3.  
CDC Group
4.  
Jungle Ventures

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