Mumbai, Jan 10 (PTI) Velocity, a cash flow-based financing platform for new-age businesses, on Wednesday announced a Rs 300 crore growth capital fund for B2B software-as-a-service (SaaS) companies.

Velocity's fund seeks to offer customised financial solutions to businesses, Abhiroop Medhekar, Founder and Chief Executive Officer of Velocity, said.

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The company has entered into partnerships with leading NBFCs and regulated entities for meeting its funding needs, he said.

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