According to a company statement, the move aligns with the company's aim to strengthen its leadership team, lead fintech empowerment for SMEs and MSMEs, and drive innovation in business during Ayekart's current growth phase
The agri-fintech firm earlier this week announced receiving $5.5 million (around Rs 44 crore) capital infusion from Caspian Debt and Siply in a mix of debt and equity funding round to drive its expansion plans
The start-up will utilise this capital raised in a equity and debt funding round to support the growing business requirements in the food and agri-ecosystem