In India, small businesses contribute over 30 percent of the country’s GDP, but most remain unserved by formal banking channels. These businesses are often held back from growing and scaling due to keeping up with supply chain costs. Host Amee Parbhoo talks with Shrinivas Kasar, Co-Founder of Cashinvoice, to discuss how Cashinvoice unlocks supply chain financing for micro, small, and medium enterprises (MSMEs) in India.
Shrinivas shares how Cashinvoice works to bridge trust between MSMEs and India’s financial ecosystem. Amee and Shrinivas discuss how embedded finance gives unique advantages to Cashinvoice’s platform, how Cashinvoice incentivizes corporate and lending partners, and how they navigate the challenge of making affordable credit available to small businesses that are entirely out of the mainstream banking system.
To learn more about Accion Venture Lab, visit our website and follow us on Twitter.
