India-based platform, KredX, who focuses on providing short-term working capital to blue-chip companies, has raised a Series A round; Sequoia Capital has joined existing investor Prime Venture Partners in the round; company was founded in 2015 and has facilitated 3,000 transactions ranging from Rs 1 lakh to Rs 1 crore (approximately $1,600 to $214,000); company views invoice discounting market opportunity at $100 billion. Source
