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B2B Bnpl Startup Actyv.Ai Raises Usd $5 Million In Pre-Series A Round

Feb 23, 2022•almost 4 years ago

Amount Raised

$5 Million

Round Type

pre-series a

Mumbai

Description

Actyv.ai, an AI-powered Enterprise SaaS platform with BNPL for B2B embedded, has raised USD $5 million in a Pre-Series A funding round from Dubai-based 1Digi Investment management firm, the family office of Raghunath Subramanian, Global CEO, Actyv.ai. With these fresh funds, Actyv.ai plans to scale and expand globally.

Company Information

Company

Actyv.Ai

Location

Mumbai, Maharashtra, India

About

Actyv.ai is an AI powered Enterprise SaaS platform with BNPL for B2B embedded. It is used by large enterprises to transform their supply chains and to empower their supply chain partners. Enterprises can scout for partners via the platform and appoint/onboard them digitally. During the onboarding process, Actyv.ai checks for errors and frauds in the partner’s documents and then analyses the data extracted to create the partner’s Financial Health Report and Actyv Score. Based on these, the partner gets access to closed-loop bank credit - BNPL for B2B - which it can use as working capital. https://actyv.ai/