Supply chain financing platform Cashinvoice said it has closed $3.4 million as part of a Series A round from institutional investors comprising Pravega Ventures, HDFC Bank and existing investor Accion Venture Lab, according to ETtech report. The company has been engaged with HDFC Bank for the last two years to digitise the latter’s internal supply…
SmartCoin, a Bengaluru-based micro-lending startup, announced it has raised about $7 million in a fresh financing round, led by LGT Lightstone Aspada. Existing investors that took part in the funding round include Unicorn India Ventures and Accion Venture Lab. Earlier, the company had raised $2 million from Accion’s seed-stage, fintech-focused investment arm, and others. The…