New Delhi, Delhi - May 18, 2023 - Capital Setu Private Limited, a leading aggregator for small and medium manufacturing businesses in supply chain financing, announced today the successful completion of its seed funding round, raising $350,000. The investment was led by Realtime (RTAF), a prominent venture capital firm known for its strategic investments in the financial services sector.
Capital Setu, founded by Pankaj Goel and Ayushi Gupta, is headquartered in New Delhi, Delhi, India. The company was established on September 3, 2020, at A-203, Sector-9, Ramprastha Greens Platinum Heights, Vaishali Ghaziabad, Uttar Pradesh- 201010. Both founders bring extensive experience in the financial services industry, having been actively engaged in the field since 2011.
As a leading player in the supply chain financing domain, Capital Setu aims to revolutionize the way small and medium manufacturing businesses access financial solutions. The company's services are currently available across India, with a primary focus on providing efficient and cost-effective supply chain financing options to both MSME and non-MSME corporates. By streamlining the financing process, Capital Setu empowers businesses to save time and money while ensuring they have access to competitive and unmatched financing rates.
"We are thrilled to have Realtime as our lead investor in this seed funding round," said Pankaj Goel, Founder of Capital Setu. "Their extensive expertise in the financial services sector and their shared vision for transforming supply chain financing make them the perfect partner for us. This investment will empower us to accelerate our growth trajectory, strengthen our capabilities, and better serve our customers in their financial journey."
For more information about Capital Setu and its services, please visit www.capitalsetu.com.