The company is looking to expand its operations, partnerships & presence in India and is going to use the funds raised to hire more engineers and expand its team in the country.

Transak currently has operations in over 60 countries. Sami Start & Yeshu Agarwal, Co-Founders, Transak said Serial entrepreneurs Sami and Yeshu founded Transak with a vision to address the clear need-gap in the market for end-users who wanted to buy crypto directly to their wallet, in order to use blockchain applications, which was not served by the bottlenecked UI of major exchanges.

Fiat-To-Crypto Gateway Transak Raises Rs 4.8 Crore In Seed Funding

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