Firm in receipt of crucial funding

ENVESTORS, the London office of Perth-based investment group Braveheart, yesterday announced it had secured £450,000 in funding for E-receipts, a company that helps businesses manage their stock.

E-receipts, which is chaired by former Tesco chief executive Lord Ian MacLaurin, allows firms to manage, store and retrieve receipts for proof of purchases and business expenses. The firm has a partnership with IBM.