BusinessWire India
Bangalore (Karnataka) [India], June 19: actyv.ai, an AI-powered enterprise SaaS platform with embedded B2B BNPL and insurance offerings, has won the 'Startup 50 Trailblazer Award' - at the inaugural edition of the Dun & Bradstreet LEAP India Startup Summit, 2023 in Bangalore. As a global company with a strong presence in India, actyv.ai aims to provide transformative solutions to empower businesses, drive exponential growth, and contribute to the dynamic landscape of the Indian start-up space.
The Dun & Bradstreet LEAP India Startup Summit was organized to recognize and acknowledge the significant role of start-ups in the Indian economy. During the summit, Dun & Bradstreet, a leading supplier of business information and research, awarded the StartUp 50 Trailblazers for their exceptional achievements. These start-ups were awarded for their unique business models, innovative solutions to crucial problems, and the competitive edge they bring to their respective industries. Given the growing relevance of digitisation, the companies recognized also showcased strong expertise in technology and a clear path to profitability.
actyv.ai's receipt of the prestigious 'Startup 50 Trailblazer Award' highlights the company's focus on innovation and entrepreneurial excellence. With pathbreaking achievements and a transformative approach, actyv.ai has emerged as a true trailblazer in the startup ecosystem.
actyv.ai is a cutting-edge technology company that utilizes AI to power an enterprise SaaS platform that facilitates seamless interactions among enterprises, their supply chain partners, and financial and insurance institutions (FIs). By consolidating these interactions on a single platform for its enterprise customers, actyv.ai significantly enhances their operational efficiency, profitability, and overall supply chain growth. In addition, actyv.ai plays a crucial role in bridging the credit gap faced by Indian MSMEs, which amounts to a staggering USD 530 billion. The company achieves this by providing flexible and inclusive credit (B2B BNPL) and insurance products through its partners, thus democratizing financial inclusivity for businesses. By empowering enterprises and its supply chain partners with transformative tools, actyv.ai contributes to the dynamic landscape of the Indian start-up space and drives exponential growth for businesses.
Speaking about the recognition, Raghu Subramanian, Founder and Global CEO of actyv.ai, said "Startups are gaining momentum in today's world, and at actyv.ai, we are deeply honored to be recognized as a Trailblazer by Dun & Bradstreet. These awards are an incredible way to acknowledge the phenomenal work of startups in the ecosystem. As a company, we are committed to leveraging state-of-the-art technology and strategic partnerships to help revolutionize the B2B supply chain ecosystem. We are delighted to be recognised for all our efforts and would like to thank Dun & Bradstreet for the award."
The company's customers include Britannia, Bajaj Auto, Nivea, Adani Wilmar, Perfetti Van Melle, Mondolez, Godrej CDPL, CavinKare, Lux Industries, Dalmia Cements, APL Apollo Tubes and many others from across industry verticals. actyv.ai also boasts of top financial institution partners such as Kotak Mahindra Bank, Axis Bank, Yes Bank, IDFC First Bank, IndusInd Bank, Bajaj Finance and Tata Capital. In addition, the company offers embedded B2B Insurance through its alliance with renowned insurance partners including HDFC ERGO, Kotak General Insurance, ICICI Lombard, Bajaj Allianz, Kotak Life and Digit.
India's startup ecosystem is third largest in the world, right after the US and China. Given the expansive work being done, Startup 50 - The Trailblazers comes at an opportune time to highlight the efforts businesses like actyv.ai are making in the country.
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