 "Instamojo")
Bengaluru-based fintech company Instamojo on Wednesday announced the closing of its series-B round of funding. Led by both existing and new investors, Instamojo raised Rs 50 crore in the funding round. Existing investors included Japanese investment firm AnyPay, Kalaari Capital, Beenext & Rashmi Kwatra, along with first time investor - Gunosy Capital.
Instamojo is a growth gateway platform for micro, medium & small enterprises (MSMEs) that enables them to build, manage and grow their business online. It is a one-stop shop for an entrepreneur that caters to their diverse business needs by leveraging technology, data and design.
Instamojo began its
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