What SOLV does

SOLV (legal entity: Solv India) is a B2B e-commerce and financial services marketplace targeting micro, small, and medium enterprises (MSMEs) in India. The platform connects 2,300+ verified sellers with 200,000+ buyers (4.5 lakh+ MSMEs enabled) and offers a bundled suite that includes on-demand credit, business loans, invoice-based financing, anchor-led dealer finance, and doorstep logistics/warehousing. A proprietary "Solv Score" credibility model uses transaction data to underwrite MSME creditworthiness for partner banks and NBFCs.

The company's technology stack is described as an AI/ML-enabled platform supporting data-driven decisioning and end-to-end transaction enablement, delivered through the solvezy.com website and a Google Play mobile app. The revenue model combines transaction/commission fees on marketplace GMV with revenue from facilitating credit products through a network of bank and NBFC partners. SOLV was incubated by SC Ventures (Standard Chartered's investment arm) and raised a $40 million Series A in June 2022 led by SBI Holdings. In June 2025, following CCI approval, SOLV was acquired by Jumbotail — a transaction that closed alongside Jumbotail's $120 million Series D led by SC Ventures and pushed the combined entity to a $1 billion-plus post-money valuation (India's fifth unicorn of 2025), serving 500,000+ small retailers across 400+ cities and towns in India.

Post-acquisition, SOLV operates as a business unit within the Jumbotail group, with continued board involvement from SC Ventures. Management is targeting GMV of over $1 billion and EBITDA profitability by the time of a planned IPO by end of 2026. Leadership comprises CEO Amit Bansal, CTO Kishore AK, and CFO Sharad Ajitsaria. The company remains India-only and is positioned in the intersection of B2B commerce, embedded fintech, and SMB digitization.

Name

SOLV

Legal name

Solv India

Website

https://solvezy.com

Company type

Private

Founded year

2021

Operating status

Acquired

Headcount range

1–10 employees

Short description

SOLV is an India-based B2B e-commerce and financial services marketplace serving MSMEs, combining a verified buyer-seller marketplace with embedded credit, logistics, and a proprietary Solv Score credibility model. It was acquired by Jumbotail in June 2025 and targets an IPO by 2026.

Ownership category

akta.pro rank

Product category

B2B E-Commerce Marketplace

NAICS

Mortgage and Nonmortgage Loan Brokers (522310), Sales Financing (52222)

SIC

Loan Brokers (6163), Finance Services (6199)

akta.pro primary industry

Loan Origination Platforms (LOS) & Digital Application Journeys (FSAGAHAA)

akta.pro secondary industries

P2P Small Business / SME Marketplace Lending (FSAKAHAC), Account Verification & Ownership (AVS/AOV, micro-deposits, auth) (FSAGACAB)

Keywords

• B2B e-commerce
• MSME marketplace
• Invoice financing
• Dealer finance
• Supply chain platform

Headquarters

HQ city

Bangalore

HQ country

India

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure, Supply Chain

Revenue model

1. B2B Marketplace Transactions: Commission or transaction fees from facilitating B2B commerce between buyers and sellers on the platform
2. Financial Services: Revenue from providing credit products including business loans, invoice financing, and dealer finance through partnered banks and NBFCs

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

SOLV is a B2B digital marketplace platform that connects micro, small, and medium enterprises (MSMEs) in India with verified suppliers and buyers, enabling transparent business commerce. The platform integrates on-demand credit, business loans, invoice-based financing, and dealer finance, along with logistics and warehousing services, in a single digital experience. It is powered by AI/ML for data-driven decisioning and includes the proprietary Solv Score credibility assessment system for establishing MSME creditworthiness.

Product overview

Solv is a growth platform for small businesses operating as a unified B2B digital marketplace with integrated financial and business services. The core offering is the B2B E-Commerce Marketplace, which connects buyers and sellers in a trusted environment. This core platform is complemented by two key modules: Financial Services (providing business loans, invoice-based financing, and anchor-led dealer finance, plus the Solv Score for credibility assessment) and Business Services (logistics and warehousing). The platform serves over 2300 sellers and 200,000+ buyers, aiming to provide all that businesses need to grow in one integrated app.

Differentiator

Problem solved

Functional benefit

Products and services

• SOLV B2B E-Commerce Marketplace A B2B digital marketplace connecting small and medium enterprises (SMEs) with verified suppliers and customers. The platform enables buying and selling with value-added services including on-demand credit, doorstep delivery, real-time order tracking, and multiple payment options.
• SOLV Financial Services Comprehensive suite of financial products including business loans, invoice-based financing for marketplace orders, and anchor-led dealer finance, delivered through partnered banks and NBFCs. Features the Solv Score for credibility establishment among financial service providers.
• SOLV Business Services Business services including logistics and warehousing solutions designed to take care of critical business needs on time and within budget, helping SME owners focus on growing their business.

Named customers2 records

Segments3 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability1 record

Feature3 records

Partnerships

Two partnerships are on record, tiered core and minor.

• JumbotailcoreStrategic or Co-development Partner · 1 June 2025Jumbotail acquired Solv India in June 2025. The acquisition was approved by CCI (Competition Commission of India) in May 2025. Following the transaction, the combined entity serves over 500,000 small retailers across 400+ cities and towns in India. Jumbotail raised $120 million in Series D funding led by SC Ventures, achieving unicorn status.
• Banks and NBFC PartnersminorOthersSolv partners with a wide network of banks and NBFCs to provide financial products including business loans, invoice-based financing, and dealer finance.

Scale indicators8 records

Recent moves7 records

Expansion highlights4 records

Direct peers

• OfBusiness: B2B commerce and credit platform serving SMEs with raw material procurement and working capital financing. Closely mirrors Solv's combined marketplace-plus-credit model for Indian MSMEs.
• Udaan: India's largest B2B e-commerce marketplace connecting retailers, wholesalers, and manufacturers, with embedded credit offerings for MSMEs. Most directly comparable to Solv on both the marketplace and embedded lending dimensions.
• DealsDray: B2B e-commerce platform serving retailers, kirana stores, and small businesses across India with supply chain and credit solutions. Directly comparable customer base and product model to Solv.
• Moglix: B2B commerce platform for industrial and business supplies with embedded financing for buyers. Comparable on the B2B marketplace model and SMB credit positioning.
• ElasticRun: B2B commerce and distribution platform serving rural and semi-urban retailers across India with goods, credit, and logistics services. Overlaps Solv on retailer onboarding, credit, and last-mile fulfillment.

Broad incumbents

• Amazon Business: B2B procurement marketplace operated by Amazon India, serving businesses of all sizes. Overlaps with Solv on B2B e-commerce but operates at much greater scale and is not India-SME-specialized.

Emerging players

• Lendingkart: Fintech lender offering working capital and business loans to small businesses in India. Comparable on SME loan origination and credit decisioning for underserved MSMEs.
• Indifi Technologies: Digital lending platform providing unsecured business loans to SMBs across India via partner NBFCs. Comparable on the SME credit decisioning and embedded lending mechanics that power Solv's financial services.
• BharatPe: Merchant fintech offering payments, lending, and business services to small merchants across India. Comparable on the 'commerce + finance' bundling for Indian SMBs and the use of merchant data for credit decisioning.
• ShopKirana: B2B distribution and supply chain platform targeting kirana and small retailers in tier-2/3 India. Comparable in customer segment (small retailers) and distribution-led model.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds2 records

Investors2 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about SOLV