Fintech Startup Easebuzz Raises $4 Million In First Funding Round
04/01/21, 8:30 AM
Location
mumbaiMoney raised
$4 million
Round Type
seed
Mumbai: Fintech startup Easebuzz has raised $4 million as part of its Series A funding round led by 8i ventures, Varanium capital and Guild Capital. Amrish Rau and Jitendra Gupta, founders of Citrus Pay and now leading Pine Labs and Jupiter, respectively, also participated in the financing.
Company Info
Location
mumbai, maharashtra, india
Additional Info
The current round of funding will be used to strengthen the product team, enhance sales and marketing efforts and offer more payment application programming interfaces (APIs) and solutions for small and mid-sized enterprises, said the company. The company claims its revenue and gross transaction value grew 12 times last year. Incubated by Symbiosis Center for Entrepreneurship and Innovation in 2017, Easebuzz is a payments infra company that provides digital collections and payments in India.