Anubhav Jain
👤 SpeakerAppearances Over Time
Podcast Appearances
We've been growing at more than 200% month on month for the last quarter or so.
Both.
So we launched in July 2020.
It's been almost a year.
And because this is B2B, we go by vertical.
So we start with FMCG vertical.
We scale that.
We learn about that segment.
Then we go all out.
We started with FMCG.
What is that?
So FMCG is basically all fast-moving consumer goods like grocery, all your retail products which are being used on a day-to-day basis, fruits, vegetables, grocery items.
After that, we launched in the pharmaceuticals and healthcare.
Then recently, we started with agriculture.
We're also present in fashion and electronics.
Sure.
So an average credit line that we approve for these small businesses is something of the order of $1,000.
And that $1,000, they utilize over multiple transactions.
So the average transaction size for us can be as low as $150.
Yeah, so this is a very short tenure transaction.