Vayana recognized as a Representative Vendor in the 2024 Gartner® Market Guide for Supply Chain Finance Platforms

In the evolving global credit market, supply chain finance has become a crucial tool for businesses to manage their working capital needs, particularly for MSMEs (micro, small, and medium enterprises) that have traditionally been credit-starved.

The MSMEs are considered the backbone of the Indian economy, contribute over 30% to the GDP, account for 50% of exports, and employ over 120 million people. Yet, only 15% of MSMEs have access to formal credit[1], and roughly 40% rely on high-cost informal credit[2]. According to a 2022 report by the Standing Committee on Finance, the Indian MSME sector faces a staggering credit gap of INR 20–25 lakh crore (US$265–335 billion). In addition, US$140 billion is locked annually in delayed payments from buyers to MSME suppliers[3], making a strong case for the proliferation of SCF in India to tackle the problem of delayed payment and poor credit accessibility among MSMEs.

Vayana - India’s most trusted trade credit infrastructure, addresses these financial challenges by providing MSMEs with timely and affordable trade credit. It enables over US$30 billion in financing annually, significantly improving business cash flow, reducing dependency on high-interest informal loans, and enhancing MSME’s financial stability.

Vayana’s role as a Representative Vendor in the APAC region was recognised in the 2024 Gartner’s Market Guide for Supply Chain Finance Platforms (For Gartner Subscribers only). We believe this mention as the only Indian SCF platform in the Asia Pacific region underscores Vayana’s robust digital and innovative SCF solution bridging the working capital gaps in the MSME sector through dynamic discounting, factoring, reverse factoring, and cross-border trade financing.

For businesses seeking to optimize working capital and strengthen supplier relationships, Vayana offers comprehensive, transparent, and scalable SCF solutions. We connect every stakeholder of the supply chain with the financial institutions through a single platform driving sustainable growth of buyers and sellers through adequate and affordable financing.

 Gartner, Market Guide for Supply Chain Finance Platforms, Chaithanya Paradarami, Jan Ambergen, Michelle O'Sullivan, 19 August 2024.

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[1] Indian MSME Lending Landscape 2022: BLinC Insights

[2] Digital MSME Lending in India, a report by OMIDYAR Network and BCG

[3] Unlocking the full potential of India’s MSMEs through prompt payments: A Report by GAME