Mobile payment solution startup MSwipe raises Rs 219.8 crore in new funding round

Mobile payment solution startup MSwipe raises Rs 219.8 crore in new funding round

  • Mumbai-based payments startup MSwipe Technologies has raised Rs 219.8 crore in a new round of funding from US-based hedge fund Falcon Edge, Facebook Co-founder Eduardo Saverin’s B Capital Asia, late-stage technology investment firm Epiq Capital and consumer-focused fund DSG Consumer Partners, according to RoC filings.
  • That included prominent investors, including -UC-RNT fund, a joint venture between Ratan Tata’s RNT Associates and the University of California; Matrix Partners India; and existing investors Falcon Edge Capital, DSG Consumer Partners, and Eduardo Saverin’s B Capital Asia.
  • In March, Pine Labs announced its $82 million funding round, led by Actis Capital, and new investor Altimeter Capital.


Share it
Top
To Top