Friday, 24 March, 2023
Indian startup INDmoney raises $75M
<p>INDmoney, an Indian startup, has raised $75M in a new round to develop a super finance app. The startup's funding round was co-led by Tiger Global, Steadview Capital, and Dragoneer. INDmoney's founder, Ashish Kashyap, stated that the company is looking to raise another $10M from a fund. The startup, which has over 3.5M users, allows its members to invest in mutual funds, bonds, and stocks. Kashyap stated that a large portion of the new capital will be used to broaden its tech.</p>
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