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FloBiz, neobank for Indian SMBs, raises $31 mn in Series B from Sequoia Capital India, others

FloBiz, neobank for Indian SMBs, raises $31 mn in Series B from Sequoia Capital India, others
freepressjournal.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from freepressjournal.in Daily Mail and Mail on Sunday newspapers.

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#FundingAlert: AI startup Detect Technologies raises $12 million from Accel, others

#FundingAlert: AI startup Detect Technologies raises $12 million from Accel, others
freepressjournal.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from freepressjournal.in Daily Mail and Mail on Sunday newspapers.

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[Funding alert] Fampay raises $38M in Series A round led by Elevation Capital, Sequoia Capital India

[Funding alert] Fampay raises $38M in Series A round led by Elevation Capital, Sequoia Capital India
yourstory.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yourstory.com Daily Mail and Mail on Sunday newspapers.

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FamPay, a fintech aimed at teens in India, raises $38 million – TechCrunch

FamPay, a fintech aimed at teens in India, raises $38 million
How big is the market in India for a neobank aimed at teenagers? Scores of high-profile investors are backing a startup to find out.
Bangalore-based FamPay said on Wednesday it has raised $38 million in its Series A round led by Elevation Capital. General Catalyst, Rocketship VC, Greenoaks Capital and existing investors Sequoia Capital India, Y Combinator, Global Founders Capital and Venture Highway also participated in the new round, which brings FamPay’s to-date raise to $42.7 million.
The size of the new investment makes it one of the largest Series A rounds in India. TechCrunch reported early this month that FamPay was in talks with Elevation Capital to raise a new round. ....

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FamPay raises one of the biggest Series A funding rounds in India

Fintech startup FamPay, which offers payments and financial services to teenagers, has raised $38 million in a Series A funding round at a valuation of $150-170 million. ....

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