Karur Vyasa Bank partnered with Unanu Technologies

Current Context: The Karur Vysya Bank has partnered with UNANU Technologies which is based in Chennai.

• They have partnered for digital freight finance to fund transport contractors.
• They will use end-to-end logistics technology platform for the purpose of partnership.
• The UNANU has developed Freight Financing System.
• They will use the ‘U-Turbo – a marketplace’ module.
• Using the module, users will be able to onboard logistics companies and shippers to the Freight Financing program.
• It allows picking up the material from the shipper until it reaches the destination.
• Also, the tracking of the truck is possible using software and hardware.
• The invoices can be generated in a seamless manner by capturing the digital freight finance system.
• Due to these features, the bank will be able to fund and generate mandatory documents that are available in the system.
• Thus, KVB has become the first bank to launch digital freight financing via the marketplace in the banking domain.
• Static Part: 
• HQ of Karur Vysya Bank (KVB): Karur, Tamil Nadu
• Tagline of KVB: Smart way to bank

Question: 

Q.1 Which bank partnered with UNANU Technologies for digital freight finance to fund transport contractors?
a. City Union Bank
b. Karur Vysya Bank
c. Lakshmi Vilas Bank
d. Indian Bank