Mumbai: Bank of India (BOI), with a network of over 5,300 branches across India, has announced a strategic partnership with Indinvoice Tech Solutions Pvt. Ltd., widely known by its flagship brand Cash invoice, to expand its Supply Chain Finance (SCF) offerings.
Through this collaboration, BOI aims to provide structured financing solutions to corporates, dealers, and suppliers while improving accessibility and operational efficiency in the supply chain ecosystem.
The move reflects the bank’s commitment to innovation and customer-focused financial services.
BoI – Cash invoice Partnership to Drive Supply Chain Efficiency
Speaking about the partnership, Vinayak Shukla, General Manager – MSME, Bank of India, said, “Through this partnership with Cash invoice, we aim to leverage their digital expertise and market insights to offer seamless financing solutions to corporates and their supply chain partners. This collaboration underscores our commitment to innovation and customer-centricity in the MSME and corporate financing space.”
Arun Poojari, Managing Director & CEO of Indinvoice Tech Solutions Pvt. Ltd. (Cash invoice), said, “We are excited to collaborate with Bank of India under the Supply Chain Finance framework. Our technology-driven sourcing and credit facilitation capabilities are uniquely positioned to complement BOI’s financial strength and wide outreach. Together, we aim to deliver faster, more efficient, and scalable financing solutions to corporates, dealers, and vendors, thereby bridging the working capital gap across industries.”
By combining BOI’s financial expertise with the digital innovation of Cash invoice, the partnership is expected to create new growth opportunities and enhance resilience across India’s commercial and industrial sectors.
