B2B startup Fundly.ai raises $4 million in a funding round led by Accel and Multiply to expand its digital commerce offerings in India's pharma supply chain.

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About

Fundly was founded in 2021 with the aim to be growth catalysts and make a huge impact on the healthcare ecosystem in India. We're based in Mumbai and are the first-of-its-kind fintech platform in the country. We intend to develop a one-stop platform with the fusion of supply chain and MSME finance that improves the lives of the pharma distribution tail, specialty players, and brands. At Fundly, we intend to make millions of retailers and distributors in India's healthcare sector future-ready, one step at a time. We offer accessible and affordable financial solutions to small business owners and their communities. We empower them with tech driven financing and allied solutions to reduce operational friction, better manage cash flow and substantially increase margins. Since our inception, we have helped over 2000+ MSMEs and provided over Rs. 110+ Cr in credit across 8 cities. Our founders, with over 40 years of experience, have put together a passionate team of yay sayers that is well-equipped to be a disruptive force in the healthcare industry. We spend most of our time truly listening to the ecosystem to understand its challenges well and then provide tech led solutions and tools they need to unlock the full potential of their business. In essence, Fundly is a one-stop-shop for any retailer in India's healthcare industry looking to grow their business faster while circumventing supply chain issues.