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Fintech startup Kredmint raised about $2million in fresh funds to help MSMEs with working capital

Fintech startup Kredmint raised about $2 million in new funding from two India-based venture capital (VC) firms (names withheld) and one Singapore-based VC firm, as well as participation from angel investors such as Kunal Shah of CRED, Ashneer Grover of BharatPe, Amit Lakhotia of Park+, Shankar Nath of Junio, Amit Sinha of Unnati, Manish Amin of Yatra, Sachin Seth of BSE Ebix
By carefully analysing MSMEs’ business models and utilising data, Kredmint aims to help them by offering them tokenized smart contracts-based supply chain financing solutions that are totally flexible and transparent. MSMEs already have access to the startup’s loan facility, and its app will be made available in the near future.

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