Velocity floats $48m festive season fund for India's D2C, e-commerce brands

Velocity floats $48m festive season fund for India's D2C, e-commerce brands

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Cash flow-based financing platform Velocity announced on Monday the launch of a $48 million (Rs 400 crore) fund to support the financing needs of D2C and e-commerce brands in the upcoming festive season.

Edited by: Pramod Mathew