Manali Parab's Colleagues at Finovate Capital
Manali Parab's Contact Details
Finovate Capital
Manali Parab's Company Details
Finovate Capital is an innovative Fintech platform that is providing short term finance to MSME/SME customers. We are looking to combine the traditional approach of credit distribution with state of the art fintech platform to bring together best of both worlds and driving immense efficiencies in an erstwhile traditional business.Supply Chain Finance is a great example of a traditional paper-based industry dominated by banks that focus on large, established corporate customers only. MSME, that account for 45% of India's GDP, remain largely neglected by banks. We want to change that using technology in a very innovative manner to bring Supply Chain Financing to the mainstream with seamless access to capital at the click of a button and creating an unmatched distribution network.Finovate Capital has a strong institutional investor backing, founders are INSEAD, Wright State, serial entrepreneurs with deep experience in the Fintech, BFSI, Enterprise Sales, from earlier working with organizations like Credit Suisse, Samsung Pay, Kapital Tech, Oracle, IBM, Informatica.Products: Invoice Discounting, Receivables Financing, Unsecured Business Loans, Working Capital Loans, Early Payments.