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Kotak Mahindra Bank Ties Up With Actyv.ai

KMBL (Kotak Mahindra Bank Limited) will provide short-term finance under the ‘Buy Now, Pay Later’ category for working capital needs of dealers

Kotak Mahindra Bank Ties Up With Actyv.ai
Kotak Mahindra Bank Ties Up With Actyv.ai

Kotak Mahindra Bank on Monday onboards AI-powered enterprise SaaS platform, actyv.ai to provide finance to dealers. KMBL will provide short-term finance under the ‘Buy Now, Pay Later’ category for working capital needs of dealers.

Sunil Daga, President and Head – Business Banking Assets, Kotak Mahindra Bank said, “Small business owners often face a shortfall in their everyday capital requirements. It would benefit business owners across the B2B value chain with smooth, quick and safe funding options on attractive interest rates, and help them meet cash flow requirements for their businesses*.

Raghu Subramanian, Founder and Global CEO, actyv.ai said, “Technology plays a pivotal role in driving operational efficiency and growth of businesses. As a category creator, actyv.ai’s AI-powered SaaS platform with its embedded offerings, delivers significant value to the enterprises and their allied partner ecosystem. Our partnership with Kotak Mahindra Bank expands and simplifies access, which is truly transformative and innovative.”


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