Silk threads hang from a handloom during the making of a silk sari at a workshop in Varanasi, Uttar Pradesh. (Photographer: Dhiraj Singh/Bloomberg)
The Covid-19 pandemic, which accelerated digitisation across a number of sectors, also brought increased traction for trade receivable platforms, which attempt to solve the age-old problem of payment delays for small businesses.These platforms, which rolled out starting 2017, are all reporting a jump in volumes of receivables financed, with a noticeable jump in the months after the pandemic hit. As the business grows, it is also attr...