India Digest: IFC proposes to invest $8m in Vayana; Groyyo raises seed funding

India Digest: IFC proposes to invest $8m in Vayana; Groyyo raises seed funding

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The International Finance Corporation has proposed to invest up to $8 million in Pune-based trade finance platform Vay Network Services Private Limited (Vayana). In another development, B2B manufacturing startup Groyyo has raised $4.6 million in a seed round.