StanChart ventures unit launches B2B marketplace in India for small businesses
Platform called SOLV, which currently operates in over 20 Indian towns, plans to expand to 200 towns within a year, and considers itself well-positioned to expand to other geographies beyond India.
Standard Chartered’s ventures and fintech investments unit has commercially launched a platform intended to serve as a “full-stack” business-to-business marketplace for micro, small and medium enterprises (MSMEs) in India, saying it the platform aims to “rewire” banking for existing and new client segments.
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