Emerald Finance Joins Baya PTE to Boost SME Bill Discounting
ECONOMY & POLICY

Emerald Finance Joins Baya PTE to Boost SME Bill Discounting

Emerald Finance is a dynamic company offering a spectrum of financial products and services including its flagship Earned Wage Access (EWA) in India, has entered into a strategic partnership with Singapore-based Baya PTE through its Indian subsidiary. This collaboration aims to strengthen bill discounting services for Small and Medium Enterprises (SMEs), enabling faster access to working capital and improved cash flow management.

The initiative is designed to support SMEs that supply to large corporates such as JSW Steel, Delhivery, and PVR INOX, among others. By facilitating timely invoice discounting, Emerald is empowering SMEs to optimize their receivables cycle and maintain business continuity without liquidity stress.

This partnership aligns with Emerald’s broader goal of delivering efficient, technology-enabled financial solutions to underserved segments. Emerald sees strong potential in the bill discounting segment and plans to expand this offering as part of long-term growth strategy. With increasing demand for flexible credit options among SMEs, Emerald aims to drive inclusive financial access and strengthen its presence in the SME lending ecosystem.

Comment on this Sanjay Aggarwal, Managing Director of Emerald Finance Limited said, “We are thrilled to announce our strategic partnership with Baya PTE Limited, marking a significant step in our commitment to empowering SMEs in India. This collaboration will enhance our bill discounting services, enabling SMEs to access working capital quickly and efficiently, ultimately improving their cash flow and supporting their growth. We recognize the critical role SMEs play in driving the economy, and we are proud to support them in maintaining business continuity, particularly those supplying to large corporates like JSW Steel, Delhivery, and PVR INOX.
As we continue to innovate and expand our financial solutions, we see immense potential in the bill discounting segment. This partnership is a key part of our long-term growth strategy to provide inclusive financial access, and we are excited about the opportunity to strengthen our position in the SME lending ecosystem. By leveraging technology to deliver efficient solutions, we are confident that we will help SMEs navigate liquidity challenges and unlock new growth opportunities.”

Emerald Finance is a dynamic company offering a spectrum of financial products and services including its flagship Earned Wage Access (EWA) in India, has entered into a strategic partnership with Singapore-based Baya PTE through its Indian subsidiary. This collaboration aims to strengthen bill discounting services for Small and Medium Enterprises (SMEs), enabling faster access to working capital and improved cash flow management.The initiative is designed to support SMEs that supply to large corporates such as JSW Steel, Delhivery, and PVR INOX, among others. By facilitating timely invoice discounting, Emerald is empowering SMEs to optimize their receivables cycle and maintain business continuity without liquidity stress.This partnership aligns with Emerald’s broader goal of delivering efficient, technology-enabled financial solutions to underserved segments. Emerald sees strong potential in the bill discounting segment and plans to expand this offering as part of long-term growth strategy. With increasing demand for flexible credit options among SMEs, Emerald aims to drive inclusive financial access and strengthen its presence in the SME lending ecosystem.Comment on this Sanjay Aggarwal, Managing Director of Emerald Finance Limited said, “We are thrilled to announce our strategic partnership with Baya PTE Limited, marking a significant step in our commitment to empowering SMEs in India. This collaboration will enhance our bill discounting services, enabling SMEs to access working capital quickly and efficiently, ultimately improving their cash flow and supporting their growth. We recognize the critical role SMEs play in driving the economy, and we are proud to support them in maintaining business continuity, particularly those supplying to large corporates like JSW Steel, Delhivery, and PVR INOX.As we continue to innovate and expand our financial solutions, we see immense potential in the bill discounting segment. This partnership is a key part of our long-term growth strategy to provide inclusive financial access, and we are excited about the opportunity to strengthen our position in the SME lending ecosystem. By leveraging technology to deliver efficient solutions, we are confident that we will help SMEs navigate liquidity challenges and unlock new growth opportunities.”

Next Story
Infrastructure Energy

J&K CM Rules Out Power Privatisation, Focuses on Sector Reform

Jammu and Kashmir Chief Minister Omar Abdullah has dismissed speculation regarding privatisation of electricity in the Union Territory, emphasising that his priority is to strengthen and reform the power sector.“We are not discussing privatisation. By reducing losses, improving billing efficiency, and enhancing revenue, there will be no need for it. My vision is to strengthen and reform the power sector in J&K,” Abdullah stated.He addressed the gathering at the 58th Engineers’ Day at SKICC on Monday evening, an event honouring Bharat Ratna Sir M Visvesvaraya for his pioneering contri..

Next Story
Infrastructure Urban

Mumbai’s Sassoon Dock to Get Tech-Driven Modernisation with Finland

The Maharashtra government, in collaboration with Finland, will modernise Mumbai’s historic Sassoon Dock using advanced technology, state minister Nitesh Rane announced on Wednesday.Rane met a delegation of Finnish officials and representatives of Finnish companies at the dock to discuss strategic plans for upgrading the facility in south Mumbai, according to an official statement.Built in the 19th century, Sassoon Dock is one of Mumbai’s oldest and busiest fishing harbours. Operations currently exceed its original capacity, raising concerns over hygiene, odour, fish handling standards, an..

Next Story
Infrastructure Energy

Agarwal Industrial Wins Rs 3.3 Billion IOCL Bitumen Tender

Agarwal Industrial Corporation rose 3.84 per cent to Rs 945.65 after announcing it had secured a prestigious tender from Indian Oil Corporation (IOCL) worth Rs 3.3 billion.In a regulatory filing during market hours, the company confirmed it had won the tender to supply Bulk Bitumen (VG-30 and VG-40 grades) to IOCL’s Kakinada locations.The firm quantity under the award totals around 60,500 tonnes across 11 parcels, while the optional quantity is approximately 33,000 tonnes across six parcels. This brings the total awarded quantity to roughly 93,500 tonnes. At current market prices, the firm o..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?