IFC commits $10m to India's Power2SME
The International Finance Corporation (IFC), the investment arm of the World Bank, has invested $10 million in Indian business-to-business e-commerce start-up Power2SME.
Power2SME helps small and medium-sized enterprises (SMEs) buy raw materials at bulk prices and get working capital without collateral. According to a release, the company will use the new capital to expand...
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