- actyv.aims prominent alliance in the banking industry
- This partnership will offer digitally enabled Supply Chain Financing solutions to MSMEs
- Corporate Anchors can now leverage actyv.ai’s technology stack, on board their distributors and dealers to avail Axis Bank’s digitally enabled Supply Chain Financing solutions.
Chennai, November 30th2022: actyv.ai, an AI-powered Enterprise SaaS platform, today announced its partnership with Axis Bank, India’s third largest private sector bank to offer the Bank’s Supply Chain Finance solutions to MSME customers. This partnership will enable corporate anchors, downstream dealers and trading partners to avail the Bank’s Supply Chain Finance solutions.
“Small and medium enterprises in India often face challenges in accessingsustainable credit. We at actvy.ai, in partnership with Axis Bank aim to leverage our technology prowess to reach MSME customers. We are certain that our digital platform, access to technology tools and affordable credit will help drive growth for this segment,” said Raghu Subramanian, Founder and Global CEO, actyv.ai.
Digital transformation is at the centre of the supply chain ecosystem, with a clear focus on enabling technology, data-driven decision-making and enhanced customer experience. This collaboration between actyv.ai and Axis Bank will help in streamlining the financial needs of MSMEs and their traders.