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SC Ventures backs SOLV in enabling seamless trade and access to finance for small businesses in post-COVID world
SC Ventures, the innovation, ventures and fintech investments unit of Standard Chartered, today announced the commercial launch of SOLV, a full-stack B2B marketplace for micro, small and medium enterprises (MSMEs) in India. Part of the Bank’s vision to rewire banking in the digital age, the platform allows India’s MSME sector access to the entire trade value chain, from connecting with suppliers and buyers, to logistics as well as financial services and business support functions.
SOLV currently operates in over 20 Indian towns, and is set to expand to 200 towns within the next year. Beyond India, SOLV will be rolling out in Kenya, Ghana and is also exploring other markets for expansion.
More than 15,000 small retailers, traders, wholesalers, and manufacturers in India to date are using SOLV and realising the benefits of this transformation. Notably, SOLV has been helping to keep supply chains in India operational by making use of its network of small businesses to connect suppliers to new buyers, and buyers to new suppliers.
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A Decade (Plus!) of Innovation: IFGS 2026 Proves the UK is Still the Beating Heart of Global Fintech
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
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