# Xpedize Ventures Private

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/xpedize-ventures-private

- Industry: Financial Services
- Headquarters: Gurugram, India
- Website: www.xpedize.com
- Total disclosed funding: $1M
- Latest round: Seed (Dec 31, 2020)
- Investors on record: 2

## About

Based in Gurugram, India, and founded in 2017 by Deepak Gunani and Regan Mithani, Xpedize Ventures Private Limited provides a supply chain financing platform for buyers, suppliers, and financiers with invoice discounting and financing solutions. In March 2022, Defmacro Software Private Limited, a portfolio company of Alua Capital Management, Composite Capital Management, Elevation Capital, Founders Fund, Kora Management, One97 Communications Limited, Sequoia Capital, Stripe, Inc., Think Investments and Y Combinator, acquired full ownership in Xpedize Ventures Private Limited for INR 1000 million in cash.

The company's platform brings buyer, its respective suppliers, and financiers on the same platform and helps to discover a cash discounting rate either through supplier initiated requests, or using the company's algo based auction, which is either fulfilled by the buyer using his own funds or can be financed through Banks or TReDs via the Xpedize platform.

## Funding rounds

- Seed, Dec 31, 2020, $1M — YourNest Capital Advisors, HDFC Capital Advisors

## Investors

- YourNest Capital Advisors (https://capitalatlas.ai/funds/yournest-capital-advisors) — Seed
- HDFC Capital Advisors — Seed