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Standard Chartered-backed Solv raises $40 Mn in Series A round

Shortpedia

Content Team
Image Credit: entracker

Solv, a B2B digital marketplace for Micro, Small and Medium Enterprises, has raised $40 million in its Series A funding round led by Japan-based SBI Holdings with participation from SC Ventures. This takes Solv’s total funding to nearly $80 million. It is 100% owned by Standard Chartered and was incubated by SC Ventures, the innovation investment unit of the London-based firm.