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Non Banking Financial Company (NBFC)
Business Update24 Sept 2024, 04:50 pm

Advik Capital Enters Supply Chain Financing with MOU Signed with Leading Agri-Product FMCG Company

AI Summary

Advik Capital Limited, a Delhi NCR based emerging Non-Banking Financial Company (NBFC), has strategically entered into supply chain financing. This initiative aims to broaden their product offerings and provide essential financial support to businesses across diverse sectors, including agri-food, FMCG, FMCD, metals, and engineering goods. The company has signed a Memorandum of Understanding with a leading agri-product FMCG company to expand their supply chain financing model. This initiative offers tailored financial solutions, infrastructure development support, expert technical assistance, and a focus on sustainability. It also facilitates direct one-to-one financing with suppliers, mitigating dependency on existing product lines and enhancing overall profitability.

Key Highlights

  • Advik Capital enters supply chain financing
  • Memorandum of Understanding signed with a leading agri-product FMCG company
  • Initiative aims to support businesses across diverse sectors
  • Offers tailored financial solutions and infrastructure development support
  • Focus on sustainability and direct supplier financing
ADVIKCA
Non Banking Financial Company (NBFC)
Advik Capital Ltd

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