B2B player Solv crosses Rs 1,200 cr transaction run rate with 100,000 MSMEs

Solv, a business-to-business digital marketplace for micro, small and medium enterprises (MSMEs), backed by the Standard Chartered Group, announced a Rs 1,200-crore run rate on its platform. This is supported by over 100,000 KYC (know your customer) verified buyer and seller MSMEs. The firm said this is a significant milestone achieved within a year of the platform’s commercial launch.

“Since its launch, Solv has been focused on digitising entire supply chains, starting from manufacturer to the end retailer, ensuring there’s 100 per cent seamless integration and zero disruption,” said Amit Bansal, CEO, Solv.