Razorpay Backs Msme Advisory Msmex In $1 Million Funding Round
06/18/21, 8:03 AM
Location
bengaluruMoney raised
$1 million
Round Type
seed
Bengaluru: MSMEx, a business advisory platform for micro, small and medium enterprises in India, has raised $1 million in a funding round co-led by digital payments firm Razorpay and investment firm TNF Investments.
Company Info
Location
bengaluru, karnataka, india
Additional Info
The startup had earlier received funds from a clutch of angel investors, including Omidyar Network partner Badri Pillapakkam, SimpliLearn founder Krishna Kumar, Cleartrip’s Chief Technology Officer Manoj Sharma and E&Y partner Heetesh Veera among others. Business owners and entrepreneurs can also ask queries to experts through a live chat community and talk to experts on one-on-one video calls for mentoring and leadership advice, the company said in a statement. MSMEx claims to currently have over half a million users, representing MSMEs from more than 1,200 centres across the country.