Archive · 7 Aug 2025
Veefin Consolidates Subsidiaries to Drive Working Capital Growth
Imagine a company called Veefin, which helps other businesses manage their money.
Veefin has two parts, Estorifi and GlobeTF, that do different things.
Veefin wants to bring these two parts together, like merging them into one big team.
This will make it easier for Veefin to help its customers.
Estorifi helps connect businesses to banks for money help, while GlobeTF helps with money tasks.
Bringing them together makes things simpler and lets Veefin grow bigger, faster, and reach more places.
Veefin Solutions Limited plans to consolidate subsidiaries Estorifi and GlobeTF.
The move aims to create a comprehensive and scalable working capital platform.
Estorifi connects corporates and SMEs for supply chain finance and working capital needs.
GlobeTF integrates transaction banking solutions, including trade finance and cash management.
The consolidation will simplify Veefin's structure and drive global growth.
- Who
- Veefin Solutions Limited.
- What
- Veefin Solutions Limited announced the consolidation of its subsidiaries, Estorifi and GlobeTF.
- When
- Announced on August 7.
- Where
- Mumbai, India.
- Why
- To create a comprehensive and scalable working capital technology platform and drive global growth.
- Company
- Veefin Solutions Limited
- Subsidiaries
- Estorifi and GlobeTF
- Objective
- Create a comprehensive working capital platform
- Location
- Mumbai, India
- Stock Exchange
- BSE