Mumbai : Bank of India (BOI), with a network of over 5,300 branches nationwide, has entered into a strategic partnership with M/s Indinvoice Tech Solutions Pvt. Ltd. (Cashinvoice) to enhance its Supply Chain Finance (SCF) offerings. The collaboration is designed to expand access to structured financing solutions for corporates, dealers, and suppliers, fostering efficiency and growth within India’s supply chain ecosystem.
Speaking on the occasion, Vinayak Shukla, General Manager – MSME, Bank of India, said:
“Through this partnership with Cashinvoice, we aim to leverage their digital expertise and market insights to offer seamless financing solutions to corporates and their supply chain partners. This collaboration underscores our commitment to innovation and customer-centricity in the MSME and corporate financing space.”
Adding to this, Arun Poojari, MD & CEO, Cashinvoice, remarked:
“We are excited to collaborate with Bank of India under the Supply Chain Finance framework. Our technology-driven sourcing and credit facilitation capabilities are uniquely positioned to complement BOI’s financial strength and wide outreach. Together, we aim to deliver faster, more efficient, and scalable financing solutions to corporates, dealers, and vendors, thereby bridging the working capital gap across industries.”
By combining BOI’s financial expertise with Cashinvoice’s digital innovation, the partnership is set to unlock new growth opportunities, bridge working capital gaps, and reinforce resilience across India’s commercial and industrial sectors.
