Funding Alert - Vizag startup gets funding from Singaporean firm for developing CONNETIN BOT

#startups #startupindia #startupfunding #fundingalert #bots

Vishakapatnam (Vizag) -based startup Verbindung Geschaft India Pvt. Ltd has secured funding from a Singaporean firm, Govin Capital Pte Ltd, bucking a trend of economic decline precipitated by the #COVID19 pandemic, to accelerate the development and commercialisation of a software product called CONNETIN across India, Singapore and the United States.

The new investment would enable CONNETIN to further capitalise on its position as a pioneer in servicing the #SME sector in India and globally, where there was an unmet need for affordable business operational tools (CONNETIN BOT) and enhance their business opportunities.

CONNETIN works to provide right-time finance to the SME units as a credit line system. The product helps a business digitise its operations, which further leads to transparency. The platform enhances the firm’s business profile, does networking among other businesses, and leverages on new business opportunities, thus building credibility. Transparency and credibility are the key sources for any financial institution to provide finance.

Read on

Vizag startup gets funding from Singaporean firm

A city-based startup has secured funding from a Singaporean firm, bucking a trend of economic decline precipitated by the COVID-19 pandemic. Verbindung Geschaft India Pvt. Ltd, a startup developing innovative products for the SME sector, has received funding from Govin Capital Pte Ltd to accelerate the development and commercialisation of a software product called Connetin across India, Singapore and the United States.