Software Maker Setu Raises $3.5 Mn In Seed Round From Lightspeed India
11 April 2019 4:00 AM IST
Setu plans to use the funds to build a technology layer over the banking system to help the fintech players provide better services.
- Setu has raised $3.5 Mn in a seed round led by Lightspeed India Partners.
- Gujarat-based venture capital company Bharat Innovation Fund had also participated in this round.
- Setu is an application programming interface (API) infrastructure startup, which was founded in 2018 by Sahil Kini and Nikhil Kumar.
- Another player working towards providing API infrastructure is Bengaluru-based startup Postman which was founded in 2014 by Abhinav Asthana, Abhijit Kane, and Ankit Sobti.
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