Bussiness Ideas

The company is a technology-enabled bill discounting and trade receivable financing platform dedicated to addressing working capital challenges in India’s infrastructure and construction sector. It functions as an intermediary, facilitator, and aggregator connecting subcontractors, contractors, EPC companies, and infrastructure enterprises with banks, NBFCs, fintech institutions, and other regulated lending entities to enable efficient, transparent, and timely financing of verified receivables. India’s infrastructure ecosystem faces persistent delays in payments, leading to severe liquidity constraints for subcontractors and vendors. This has resulted in an estimated ?1.51 lakh crore penalty and financial stress across the sector due to stalled projects, delayed execution, and inefficient bill discounting processes. The company aims to eliminate these inefficiencies by digitising and streamlining the entire invoice financing lifecycle. The platform enables digital submission, verification, validation, approval, discounting, and settlement of invoices, supported by structured documentation, due diligence, and credit assessment processes. By leveraging technology, data analytics, and workflow automation, the company reduces turnaround time, enhances credit visibility, and improves risk assessment for financial institutions. Through strategic partnerships with NBFCs and financial institutions as funding partners, and operational collaborations with EPC companies and contractors, the company empowers subcontractors and vendors by unlocking faster access to working capital against genuine receivables. In addition, the company provides advisory and consultancy services related to receivable management, cash flow optimisation, and project financing. The company’s long-term objective is to enhance cash flow efficiency, strengthen financial discipline, minimise payment delays, and facilitate sustainable project execution within India’s infrastructure ecosystem by developing a secure, scalable, and data-driven bill discounting platform.

Startup Teams

• 1 ADITYA KUMAR (Founder)
• 2 Virat Trivedi (Founder)

Incubation Details

• Incubator Name
  INNOVATION AND INCUBATION FOUNDATION IIIT ALLAHABAD
• Incubator Host Institution
  IIIT ALLAHABAD
• State
  Uttar Pradesh
• City
  Prayagraj