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Revolutionising Supply Chain Finance

29 July 2023

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Businessworld India

Under the leadership of Gautam Udani and Binny Shah, Veefin Solutions has emerged as a leading supply chain finance technology service provider worldwide

- Rajany Pradhan

Revolutionising Supply Chain Finance

Empowering the financial landscape with their innovative solutions, two industry leaders share their insights on driving growth, fostering diversity, and embracing cutting-edge technology. The two pillars of Veefin Solutions, Gautam Udani, Co-founder and Director, and Binny Shah, Head of Product, provide a glimpse into their accomplishments and future plans, offering a compelling perspective on the evolving financial industry.

Gautam Udani

In the age of innovative financial products and digital solutions, Udani is at the forefront. He shared some milestones achieved by Veefin in terms of expansion, and providing innovative financial products and digital solutions to its clients. One significant achievement of the company as highlighted by Udani is the successful fundraising rounds, with the first round taking place in October 2020, followed by a second round in November 2021. Additionally, Veefin Solutions recently achieved a major milestone by getting listed on the Bombay Stock Exchange on 5 July 2023.

Financial Milestones

Talking of financial growth, Udani shares the expansion in the company’s client base. He says, “In 2020, Veefin Solutions had around 8 clients, which grew to approximately 15 by the end of 2021. Today, we serve around 40 clients.”

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