Matrix-backed e-commerce startup OfBusiness has announced that it has secured $200 million in the Tiger Global led Series F funding round. The round also saw participation from existing investors including Falcon Edge Capital and SoftBank Vision Fund II. Speaking on the announcement, Asish Mohapatra, CEO and Co-Founder of OfBusiness, commented, “The India B2B markets across…
FPL Technologies, a Pune-based fintech startup, announced it has raised $10 million Series A funding led by Matrix India and Sequoia. Hummingbird Ventures along with a few angel investors also participated in the funding round., according to an ETtech report. The startup will use the funds to scale its recently launched mobile-based credit card product…
goDutch, a Mumbai-based new-age fintech platform that powers group payments for millennials, announced that it has raised $1.7 million seed funding led by venture capital firm Matrix India along with investors including Y Combinator, Global Founders Capital, Soma Capital, and VentureSouq. Angel investors that took part in the current financing round include Justin Mateen, co-founder…