India-based B2B fintech platform Rupifi has announced it raised USD 25 million in its Series A funding round led by Bessemer Venture and Tiger Global.
The platform operates in the B2B payments space through its Buy Now, Pay Later (BNPL) and SME-focused commercial card products. Company officials stated that with this current investment, they plan to build further towards expanding in the B2B payments and transactions industry.
Rupifi is currently operating across sectors such as FMCG, pharma, fashion, electronics, agriculture, and food. The company aims to move towards completing the B2B checkout product for marketplaces and omnichannel mobile-first B2B payment solutions for merchants, distributors, and sellers.
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