Skeps has brought $9.5 million up in its Series A round drove by Bertelsmann India Investments. Existing benefactor Accel has likewise joined the round.

As indicated by the Gurugram and New York-based startup, the new capital will be utilized to grow its business, promoting, designing and item groups.

Established by Tushar Srivastava, Mayank Tewari and Prerit Srivastava, Skeps is a cloud-based particular stage utilized by vendors and moneylenders to assist with distinguishing potential credit answers for their clients. It serves organizations and dealers by conveying private blockchain innovation to consolidate data across various stages.

The startup guarantees that vendors can offer financing alternatives going from Pay-in-four to longer-term advances with one basic coordination. Banks can utilize it as their response to marked BNPL stages or develop their unstable loaning portfolio.

Prior in March 2020, Skeps had brought $2.5 million up in its pre-Series A round drove by Accel India.