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NAKAD

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Blockchain trade finance solutions enhancing efficiency for small businesses.

Overview

NAKAD operates in the blockchain-based trade finance sector, with a focus on improving the efficiency and transparency of international trade transactions for small businesses in tier 2 markets. The company utilizes blockchain technology to offer solutions such as early payment options, reduced input costs, and reliable credit lines, which aim to address issues related to high credit costs and supply chain management. NAKAD's mission is to support small businesses by facilitating procurement processes and enhancing access to working capital. The company claims competitive advantages including zero operating expenses, non-performing assets, and a focus on eliminating procurement bottlenecks, which may contribute to stronger relationships with tier 1 and anchor companies.

Key facts

Founded
2022
Headquarters
Gurugram, India

Business model

Contact

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About NAKAD

What does NAKAD do?

NAKAD operates in the blockchain-based trade finance sector, with a focus on improving the efficiency and transparency of international trade transactions for small businesses in tier 2 markets.

Where is NAKAD headquartered?

NAKAD is headquartered in Gurugram, India.

When was NAKAD founded?

NAKAD was founded in 2022.

Which sector is NAKAD in?

NAKAD operates in Digital Lending, part of Financial Technology.

Who are NAKAD's competitors?

Companies similar to NAKAD include VoloFin, Zuron, and Ocean.