How Much Did Vayana Network Raise? Funding & Key Investors

Vayana Network has successfully raised funding over four rounds, with the latest being a Series D round involving seven investors, including SMBC Asia Rising Fund. The company offers flexible, scalable, and customizable solutions for delivery channels and specialized financial transactions.

Keep reading to explore the intricacies of Vayana Network's fundraising journey and the investors backing this innovative platform.

What Is Vayana Network?

Vayana Network, based in Bengaluru, Karnataka, India, operates in the Finance, Financial Services, and FinTech industries. The company provides flexible, scalable, and customizable solutions for delivery channels and specialized financial transactions. It has a small team of 1-10 employees.

Vayana Network aims to accelerate the growth of supply chains by offering affordable and accessible trade credit. The company connects buyers, sellers, and financial institutions, facilitating smooth trade credit availability and structuring affordable credit programs for companies at every level of the supply chain.

How Much Funding Has Vayana Network Raised?

1. Series A
   • Amount Raised: $4,000,000
   • Date: July 2017
   • Lead Investors: Chiratae Ventures, Jungle Ventures
   • Valuation at Round: Not publicly disclosed
   • Motivation Behind the Round: To support the company's initial growth and development in the trade finance sector.
2. Series C
   • Amount Raised: $15,000,000
   • Date: April 2022
   • Lead Investors: Not publicly disclosed
   • Valuation at Round: Not publicly disclosed
   • Motivation Behind the Round: To scale operations and expand market reach.
3. Series C
   • Amount Raised: $38,000,000
   • Date: November 2021
   • Lead Investors: Marshall Wace
   • Valuation at Round: Not publicly disclosed
   • Motivation Behind the Round: To enhance service offerings and support company growth.
4. Series D
   • Amount Raised: $20,500,000
   • Date: July 2024
   • Lead Investors: SMBC Asia Rising Fund
   • Valuation at Round: $232,000,000
   • Motivation Behind the Round: To continue expanding trade financing operations and enhance service offerings.

Total Amount Raised: $77,500,000. Current Valuation: $232,000,000.

Key Investors

• SMBC Asia Rising Fund
  • Details: SMBC Asia Rising Fund is a prominent investor in high-growth companies across Asia. They led the Series D funding round for Vayana Network, contributing INR 62.6 crore.
  • Investment Focus Areas: Finance, technology, infrastructure
  • Notable Investments: Vayana Network
• Marshall Wace
  • Details: Marshall Wace is a leading global alternative investment manager. They participated in Vayana Network's Series C funding round.
  • Investment Focus Areas: Not publicly disclosed
  • Notable Investments: Vayana Network
• Chiratae Ventures
  • Details: Chiratae Ventures is a venture capital firm that invests in early to growth-stage technology companies. They have been involved in multiple funding rounds for Vayana Network.
  • Investment Focus Areas: Software, consumer media, healthcare
  • Notable Investments: Lenskart, Cure.fit, Bounce
• Jungle Ventures
  • Details: Jungle Ventures is a venture capital firm focusing on early to growth-stage investments in technology and internet companies. They have participated in several funding rounds for Vayana Network.
  • Investment Focus Areas: Technology, internet companies
  • Notable Investments: Livspace, Kredivo, Moglix
• International Finance Corporation (IFC)
  • Details: IFC is a member of the World Bank Group, focusing on private sector investments in developing countries. They have invested in Vayana Network's Series C and D funding rounds.
  • Investment Focus Areas: Infrastructure, manufacturing, agribusiness, services, financial markets
  • Notable Investments: Byju's, Swiggy, Bandhan Bank

What's Next for Vayana Network?

Vayana Network stands at the cusp of significant growth, leveraging its recent $20 million Series D funding to expand its trade financing services to more SMEs and corporates. The company aims to enhance its technological infrastructure and scale operations, tapping into the increasing demand for digital financing solutions. With a network spanning 600 cities in India and 20 countries globally, the potential for growth is immense.

Future fundraising opportunities appear promising, with the ongoing Series D round suggesting additional tranches of funding. As Vayana Network continues to grow, it may attract more international investors and potentially explore strategic acquisitions to bolster its technological capabilities and market reach. However, the company faces challenges such as intense competition, regulatory compliance, and managing operational costs as it scales.

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