Baibu is the leading fabric B2B e-commerce platform in China. It solves four major pain points of the apparel business in the process of sourcing and purchasing fabric: low efficiency in search, high costs in sourcing, variability in quality, and no guarantee of after-sales service. So far, its scope covers seven cities with over 3 million SKUs. It has partnered with nearly 3,000 upstream fabric factories and thousands of downstream garment enterprises. Its monthly sales revenue has exceeded RMB 100 million.
Magnet Finance, a pioneer of supply chain finance, focuses on small and micro enterprise credit in B2B, verticals, SaaS, ERP suppliers, and other fields. Yan Qiang, the founder of Magnet Finance, is a pioneer in combining small and micro finance theories with implementation and actual practice. Yan was named one of the “2014 Shanghai Financial Industry Leaders.”
Headquartered in Singapore, KrazyBee is a leading fintech company which aims to solve India’s credit issues for young professionals. The founding team comes with extensive experience both in India and China, and given this backdrop, the company has been awarded the Non-Banking Financial Company (NBFC) license from the Reserved Bank of India. With technology at its core, KrazyBee is dedicated to providing young people in India with access to more convenient and equitable financial services, offering ethical operations and stringent risk-control mechanisms, and improving India’s overall credit system.