Category: India
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Indian Fintech PhonePe Is Getting Another $200 Million From Walmart!
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Fintech platform PhonePe has received an additional $200 million in primary capital from Walmart at a pre-money valuation of $12 billion. The company has also received $650 million from several global investors.
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Indian Fintech Startup CheQ Secures $10M In Seed Round
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Bengaluru-based fintech startup CheQ Digital announced Wednesday that it had received $10 million in a seed round led by Venture Highway and 3one4 Capital. Multiply Ventures, Marshot Ventures, and Veda VC also participated in the round. Naveen Kukreja, CEO of PaisaBazaar, and Shailaz Nag, CEO and founder of DotPe, are…
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Razorpay Helps FinTech HostBooks To Secure $3 Million
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HostBooks (www.hostbooks.com), an Indian FinTech startup focused on micro, small and medium enterprises (MSMEs), has raised $3 million in a Series A round led by payments platform Razorpay (PC42 profile). The funding comes when many MSMEs in India are looking for new technology to help them cut costs, reach more…