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Amazon leads funding round for SME finance platform in latest bet

By Debjyoti Roy

  • 31 Mar 2021
Premium
Amazon leads funding round for SME finance platform in latest bet
Credit: Reuters

Online retailer Amazon has led a round in a fintech platform where small businesses can auction their trade receivables to get capital from banks, two sources told VCCircle.  The e-commerce giant has led the funding in Gurugram-based M1xchange which is operated by Mynd Solutions Pvt Ltd, the people said.  The round, sized ......

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