actyv.ai is an AI-powered Enterprise SaaS platform, and they have now announced a relationship with Axis Bank, which is India’s third largest private sector bank. The partnership will allow actyv.ai to provide MSME customers the Supply Chain Finance solutions that Axis Bank provides. Through this relationship, the Bank will be able to make its Supply Chain Finance solutions accessible to corporate anchors, downstream dealers, and trading partners.
When trying to gain access to sustainable loans, India’s small and medium-sized businesses frequently run into obstacles. Together with Axis Bank, we at actvy.ai hope to target micro, small, and medium-sized enterprise (MSME) consumers by putting our technological expertise to use. According to Raghu Subramanian, Founder and Global CEO of actyv.ai, “We are certain that our digital platform, access to technology resources, and reasonable loans will help drive growth for this category.”
The supply chain ecosystem is centred on digital transformation, with a distinct emphasis on enabling technology, data-driven decision-making, and enhanced customer experience. This partnership between actyv.ai and Axis Bank will assist in simplifying the process of meeting the financial requirements of MSMEs and the dealers that serve them.
Sumit Bali, Group Executive, Head of Retail Lending and Payments at Axis Bank, made the following statement regarding the partnership: “We firmly believe that the MSME sector will play an integral role in driving the country’s economic growth towards becoming a five trillion economy over the next few years. Through our relationship with actyv.ai, we will be able to provide loan solutions to a wider base of micro, small, and medium-sized enterprises (MSME) and contribute to the expansion of their businesses.
