Also known as: LendVerse
Trade finance company for Indian exporters
Company was acquired
Event Year: 2018
Company was acquired
Event Year: 2018
Seawise Capital operated as a specialized trade finance provider catering to Indian exporters. The company's core offering involved extending working capital to small and medium-sized enterprises (SMEs), leveraging the creditworthiness of their international clientele. Seawise Capital distinguished itself by providing collateral-free capital, achieved through the discounting of invoices issued to these exporters' large overseas customers. This approach aimed to alleviate the financial constraints often faced by Indian exporters, enabling them to fulfill international orders and expand their businesses.
Seawise Capital operated as a specialized trade finance provider catering to Indian exporters. The company's core offering involved extending working capital to small and medium-sized enterprises (SMEs), leveraging the creditworthiness of their international clientele. Seawise Capital distinguished itself by providing collateral-free capital, achieved through the discounting of invoices issued to these exporters' large overseas customers. This approach aimed to alleviate the financial constraints often faced by Indian exporters, enabling them to fulfill international orders and expand their businesses.
Total Raised: Unknown (Y Combinator backed)
Last Round: Winter 2019
Total Raised: Unknown (Y Combinator backed)
Last Round: Winter 2019
Fintech
Fintech
Fintech -> Credit and Lending
Fintech -> Credit and Lending
Team size: 3
Hiring: No
Team size: 3
Hiring: No