B2B Payments Startup EnKash Raises $3 Mn in Series A from Mayfield India and Axilor Ventures
24 April 2019 12:47 PM GMT
Mumbai-based Nehat Tech Solutions Pvt. Ltd., which owns and operates b2b payments platform EnKash, has raised $3 million in a Series A round from venture
- Mumbai-based Nehat Tech Solutions Pvt. Ltd., which owns and operates b2b payments platform EnKash, has raised $3 million in a Series A round from venture capital firms Mayfield India and Axilor Ventures.
- Over the last three years, Mayfield India has also invested in other fintech companies such as LendingKart, Upwards Fintech, and M1 Exchange.
- To recall, earlier this month Delhi-based payment tech startup BharatPe raised $15.5 million in series A round of funding from Insight Partners, a US-based venture capital and private equity firm.
- Prior to that, leading payments startup MSwipe Technologies has raised Rs 219.8 crore from US-based hedge fund Falcon Edge, B Capital Asia, Epiq Capital and DSG Consumer Partners.
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