Vijay Chauhan
Patanjali Foods
Apr 14, 2022
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Cashinvoice and Patanjali Foods, a prominent FMCG giant in India, aimed at unlocking MSME financing. By leveraging Cashinvoice's supply chain finance platform and financiers financial support, the collaboration aimed to provide timely and affordable working capital to Patanjali’s network of over 125 MSME dealers.
The partnership addressed challenges faced by the company, such as limited access to financing and high bad debt risk, while also addressed the working capital crunch and limited access to credit for dealers. Through Cashinvoice's digital marketplace, dealers were able to access validated invoices, raise drawdown requests, and obtain working capital on demand for inventory procurement.
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