According to Tech Crunch, the new financial round was led by B Capital, with existing investors such as Sequoia India, Partners of DST Global, Tencent, GGV Capital, RTP Global, Hummingbird Ventures, and Unilever Ventures also participating in the round.
Moreover, the number of digitally sophisticated SMEs is expected to double over the next three to five years, with SMEs driving the Indian economy in the era of COVID-19. Consequently, there is a greater need to design digital tools and make small businesses grow, B Capital’s officials stated.
Every day we send out a free e-mail with the most important headlines of the last 24 hours.
Subscribe now