Minakshi Sangwan | Page 9

This status allows for more efficient export-import processes, quicker cargo release periods, 50% lower bank guarantees than non-AEO firms, and quicker processing of customs, central excise, and service tax cases.

ePayLater is an embedded credit facility that allows retailers and wholesalers a way to access working capital finance at zero cost.

India's financing for environmental technologies increased significantly between 2018 and 2022, from USD 0.23 billion to USD 2.47 billion, according to a Tracxn analysis.

With the aim of focusing on handling payment-related difficulties, Mumbai-based SafexPay was founded in 2017 by Ravi Gupta.

Founded in 2020, the Bengaluru-based startup claims just not to be an insurtech and fintech company; it has grown to become a comprehensive employee benefits partner.

Launched in 2016, the Gurugram-based Affordplan aims to use creative finance solutions to make healthcare affordable for millions of people.

In the past 10 years, co-investments have increased 4-5 times. The VCs and LPs have discovered that they are highly skilled at co-investing and producing returns.

Investment in India is being driven by a confluence of factors, including educated young talent, cheap data availability, digital infrastructure such as the Unified Payment Interface (UPI) and Aadhar-based KYC, and increased financial and digital awareness.

The biggest application of AI nowadays is in customer experience. In the next 5-7 years, every enterprise and every startup will be an AI-native startup.

So far this year, women-led startups have witnessed USD 112 million in funding almost in line with USD 123 million raised in the first two months of 2023.