Sanquelim, India
Minko, a fintech startup founded in 2017 and headquartered in India, is on a mission to bridge the credit gap in the Indian retail sector, estimated at a staggering $250 billion. The company's slogan "We give you money when you need it, to grow your business" reflects its core mission of helping suppliers and distributors get paid faster and on time.
What sets Minko apart is its innovative approach to providing retailers with a digital credit line through the Minko app, offering instant credit in just 3 taps. This unique solution has attracted significant attention, leading to a $1.50M Seed Round investment on 22 December 2021.
The investors in this latest round include notable names such as Amit Ranjan, Kunal hchv, Shyam Mohan, Parminder Singh, Kudos Finance & Investments, Jaimin Bhatt, Vivekananda Hallekere, Shanti Mohan, Archana Priyadarshini, and Deepthi Rao, highlighting the confidence placed in Minko's vision and the potential of its digital credit solutions to empower small business owners and contribute to the growth of Indian businesses.
Minko's ambitious goal to create a tangible impact on millions of Indian lives through financial empowerment positions the company as an intriguing prospect for venture capital firms seeking opportunities in the fintech and financial services industries in India.
