Actyv.ai, an AI-powered Enterprise SaaS platform with BNPL for B2B embedded, has raised USD $5 million in a Pre-Series A funding round from Dubai-based 1Digi Investment management firm, the family office of Raghunath Subramanian, Global CEO, Actyv.ai.
Actyv.ai to expand to global markets
With these fresh funds, Actyv.ai plans to scale and expand globally. Raghunath Subramanian, Global CEO of Actyv.ai had the following remarks following the successful pre-Series A.
“We have pioneered the B2B BNPL space in the closed loop ecosystem comprising Enterprises, SMBs and Financial Institutions. With AI as the first citizen, Actyv.ai platform enables efficient onboarding, comprehensive health assessment & scoring of SMBs.”
“As Category Creators we know there is a tremendous opportunity to bridge the gaps prevalent in the supply chain ecosystem globally. Having created the platform which brings together the financial institutions and enterprises to help SMBs, we are confident that Actyv.ai has the potential to evolve as a game changer in the B2B space.”
Actyv.ai is an easy to adapt Enterprise SaaS low-code no-code platform. It is used by large enterprises to empower their partners with an intuitive platform and financial products.
Actyv.ai solves complex real-life problems for enterprises by leveraging existing IT systems (using the low-code no-code workbench of Actyv.ai) to access working capital instantly while providing banks with qualified SMB data to extend innovative B2B BNPL credit programmes.
“Our immediate focus now will be to onboard globally, top-tier talent across R&D, Product Management & Engineering, Sales & Marketing/Business Development and Corporate Development across India, Singapore, London, Dubai and Eastern Europe,” Raghu added.
Actyv.ai is an AI powered Enterprise SaaS platform with BNPL for B2B embedded. It is used by large enterprises to transform their supply chains and to empower their supply chain partners. Enterprises can scout for partners via the platform and appoint them digitally.
Actyv.ai checks for errors and frauds in the partner’s documents and then analyses the data extracted to create the partner’s Financial Health Report and Actyv Score. Based on these, the partner gets access to closed-loop bank credit, BNPL for B2B, to use as working capital.