Vayana raises $20 million in funding round led by SMBC Asia

Trade finance platform Vayana raised $20.5 million in Series D funding, led by SMBC Asia Rising Fund. Existing investors including IFC and Jungle Ventures participated in the round. The funds will introduce new products for better trade credit and risk management. Founded in 2017, Vayana aids MSMEs in industries like automotive, FMCG, and manufacturing.
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