Cashinvoice operates a digital invoice discounting marketplace that integrates with anchor companies, leverages validated invoices and risk assessment, and enables digital loan processing against invoices for lenders. Led by CEO Arun Poojari and co-founder Shrinivas Kasar, the company serves anchor corporates and their MSME partners. Its platform has been adopted by Indian corporates including Tata Motors, Bata, Bajaj Electricals, Oppo, Voltas, One Plus, Patanjali, Kalyan Jewellers and Paragon. Since its inception in Sept 2019, Cashinvoice has achieved breakeven and facilitated disbursement of over 15 lakh invoices totalling more than INR 15,000 Crore. The company plans to use new funds to expand operations, enhance presence in existing and newer markets, and develop new products. It aims to grow discounting throughput to Rs. 20,000 Cr and upscale its MSME base to 10,000 from the current 3,000 by FY25.

Total raised

$3M

Funding rounds

1

Latest round

Series A

Latest activity

Feb 2024