What is SwitchPe?
We operate SwitchPe, a supply chain finance platform tailored for micro and small enterprises. SwitchPe aims to provide essential support to small businesses in India by offering access to unsecured credit lines and seamless connectivity to competitively priced suppliers. The platform features an intuitive user interface that allows shop owners to explore products and manage payments efficiently, with the added benefit of cashback on full repayments.
Our SwitchPe platform can be accessed by distributors and retailers through its mobile application, SwitchPe One, our expert supply chain management application designed to facilitate the growth of our customers’ businesses. SwitchPe One is a credit-backed payment solution, designed specifically for merchants to optimize their working capital requirements. It provides integrated lending solutions by consolidating in one place services such as bookkeeping, working capital credit, digital payment options and optimization of available channels of promotion. Through this infrastructure, we connect distributors to merchants. On the application, users can identify distributors and explore various offers, facilitating the creation of business relationships amount distributors and retailers. SwitchPe enables users to place orders at the best prices available in the market and earn cashbacks on payments. As of September 30, 2024, we had 3,299 users on the SwitchPe platform.