Tech Data unveils capital solutions for IT partners in India

Tech Data Capital partners with financial institutions to offer tailored payment solutions, extending purchasing power, optimizing cash flow, and supporting technology adoption while maintaining financial stability for IT partners

Tech Data has introduced Tech Data Capital in India, expanding its financing solutions for IT channel partners and customers. This initiative follows successful rollouts in Singapore, Australia, and New Zealand in May 2024, where it facilitated over 20 deals ranging from $100,000 to more than $20 million across various sectors. With the India launch, Tech Data aims to offer greater financial flexibility, helping businesses manage investments in the rapidly evolving technology market.

Tech Data Capital collaborates with leading financial institutions to provide tailored payment solutions for IT investments. The program is designed to extend purchasing power, optimize cash flow, and support technology adoption without straining the financial stability of partners. This initiative is especially beneficial for capital funding for startups, allowing them to scale quickly by gaining access to the capital they need for technological growth.

“Globally, businesses are seeking financing solutions that help them manage complex technology needs,” said Wayne Peters, Global VP of Financial Solutions at TD SYNNEX. “With Tech Data Capital, we’re offering not just credit, but the flexibility needed to navigate complex deal structures, long deployment cycles, and multi-year service contracts. By bringing this solution to India, we’re providing partners with a unique opportunity to invest in technology without putting undue pressure on their balance sheets.”

Sundaresan K., VP and Country General Manager for Tech Data India, pointed out the increasing demand for advanced technology and digital transformation, particularly AI-driven solutions. “Many businesses, from startups to large enterprises, are in need of venture capital to support their tech adoption and business growth. Tech Data Capital offers the financial flexibility that helps companies thrive in a fast-paced environment.”

Simplifying financing for IT growth

As technological advancements introduce new business challenges, businesses are looking to the channel for scalable solutions and insights. Tech Data Capital simplifies the financing process by integrating payment solutions directly into product sales, allowing partners to secure upfront funding with minimal credit risk. Partners also gain access to dedicated financial teams that provide training, expertise, and support, along with flexible financing options such as instalment and deferred payments with terms ranging from 12 to 60 months.

This new initiative marks a significant step in Tech Data’s commitment to empowering IT businesses and startups in India with the tools they need to succeed in a competitive marketplace. Tech Data Capital is set to drive technological growth by making capital more accessible for startups and established enterprises alike, fostering long-term success in the Indian market.