Credlix, the supply chain financing arm of B2B ecommerce unicorn Moglix, has acquired a majority stake in Delhi-based NBFC Vanik Finance for around ₹80 crore (approximately $8.9 million). The strategic move aims to strengthen Credlix’s position in India’s growing MSME credit ecosystem and accelerate its expansion into deeper supply chain financing services. In a statement, … Continue reading Moglix-Owned Credlix Buys Majority Stake in Vanik Finance for ₹80 Cr to Boost MSME Lending