Fabriclore, a leading tech-enabled fabric sourcing platform for fashion businesses, announced today that it has raised $1.6 million in funding led by PeerCapital, based in Bengaluru, and Regal Fabrics, based in the United Arab Emirates.
DBS Bank India has announced its partnership with Receivables Exchange of India Limited (RXIL), the first RBI-licensed exchange platform under the Trade Receivables electronic Discounting System (TReDS).
State Bank of India (SBI), the nation's largest bank, has announced the launch of “MSME Sahaj”, a Web Based Digital Business Loans Solution for MSMEs’ Invoice Financing.