FinTech news in supply chain category

To bridge the input-access gap, iProcure, a B2B agtech, has since 2014 been connecting agricultural manufacturers and distributors to local retailers (agro-dealers), through its unique distribution infrastructure that interlinks agricultural supply chains.

The round brings Fashinza’s total raised to $135 million, which Gupta says is being used to refine the company’s supply chain technology and expand into new markets, including raw materials procurement. In an endorsement of Fashinza’s approach to supply chain management, the company today announced that it raised $100 million in Series B funding ($60 million in equity and $40 million in debt).