Vayana Network raises funding from two global fintech solution providers, PayU Fintech Investments and International Finance Corporation (IFC). Vayana Network is allotting 13,63,592 fully-paid up Series C CCPS to IFC and PayU as part of this investment. IFC will hold 5.37 per cent, whereas PayU will hold 4.7 per cent in Vayana Network.

Founded in 2009 by Ramaswami Iyer, Vayana Network is a B2B trade financial intermediary which connects SMEs and corporates with financial institutions for low-cost access to trade loans. Vayana has also allowed $1 billion+ financing through B2B card flows to 22K+ SMEs. Its base currently includes 1K+ supply chains in 25 different sectors in over 20 countries.