Bengaluru, India
Neutron is an Indian startup pioneering in the Blockchain industry with a mission to assist small and medium enterprises in expediting their payment collection process. The company's slogan "Helping SMEs collect payments faster by automating their accounts receivables" encapsulates their core objective. Founded in 2023, Neutron has garnered significant attention in a short span, evident in the recent $10.00M Seed Round investment on 21 June 2023. Notably, the funding was secured from prominent investors including LongHash Ventures, Nomad Capital, Delphi Ventures, CoinFund, Semantic Ventures, and Binance Labs.
Neutron's value proposition lies in its innovative software that streamlines and automates Accounts Receivables with personalized workflows, seamlessly integrating with popular accounting software like Tally or Zoho. This automation not only facilitates quicker and easier payment collection but also claims to reduce late payments by 50%. Furthermore, Neutron offers additional functionalities such as sending automatic payment reminders to customers via WhatsApp and Email, receiving daily reports on upcoming payments via WhatsApp, and gaining valuable insights into payment collection and customer behavior to empower informed business decisions.
The startup's emphasis on leveraging technology to address a crucial challenge for businesses, combined with the backing of notable investors, positions Neutron as a promising player in revolutionizing the accounts receivables landscape for SMEs in India.
