Reevoy

Reevoy provides fast, simple working capital solutions for Indian SMEs involved in cross-border trade to grow their business.

General Information
Company Name
Reevoy
Founded Year
2020
Location (Offices)
Edgware, United Kingdom +2
Founders / Decision Makers
Number of Employees
51-200
Industries
Fashion, Lifestyle
Funding Stage
Debt Financing
Social Media

Reevoy - Company Profile

Reevoy is a UK-based startup that focuses on providing fast and simple working capital solutions for Indian small and medium-sized enterprises (SMEs) involved in cross-border trade. The company aims to address the working capital gap faced by Indian SMEs and enable them to focus on business operations and expansion without cash flow concerns. Reevoy envisions driving the growth of the Indian SME global trade market to a value of $1 trillion by 2030. In 2022, Reevoy secured a INR480.00M Debt Financing investment, with Kilde as the investor. The company's non-recourse facilities provide exporters with the necessary working capital, aiding in business expansion and mitigating the risks of international trade. Reevoy's commitment extends to offering accessible working capital solutions to SMEs across India, including those in non-urban areas.

Taxonomy: working capital solutions, SMEs, cross-border trade, Indian market, exporters, importers, invoice factoring, global competitiveness, cloud-based production management, business expansion, technology platform, real-time tracking

Funding Rounds & Investors of Reevoy (4)

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Funding Stage Amount No. Investors Investors Date
Debt Financing INR480.00M 1 18 Oct 2022
Seed Round $4.00M 8 Earlsfield Capital, Ketan Patel +4 25 Jan 2022
Seed Round $1.00M 1 07 Jun 2021
Angel Round Unknown - 25 Mar 2021

Latest News of Reevoy

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No recent news or press coverage available for Reevoy.

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