Comments
Neo-banking start-up epiFi has raised ₹93 crore ($13.2 million) in seed funding, led by Sequoia India and Ribbit Capital. The company was founded in May 2019 by Google Pay (Tez) executives Sujith Narayanan and Sumit Gwalani.
The round also saw participation from Hillhouse Capital and angel investors, including David Velez, the founder of Nubank, and Kunal Shah, Founder and CEO, Cred.
The company will use the capital to build its core technology platform and drive sales and marketing initiatives.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.