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Fintech Startup Easebuzz Raises $4 Million In First Funding Round

Apr 01, 2021•over 4 years ago

Amount Raised

$4 Million

Round Type

seed

Mumbai

Description

Mumbai: Fintech startup Easebuzz has raised $4 million as part of its Series A funding round led by 8i ventures, Varanium capital and Guild Capital. Amrish Rau and Jitendra Gupta, founders of Citrus Pay and now leading Pine Labs and Jupiter, respectively, also participated in the financing.

Company Information

Company

Easebuzz

Location

Mumbai, Maharashtra, India

About

The current round of funding will be used to strengthen the product team, enhance sales and marketing efforts and offer more payment application programming interfaces (APIs) and solutions for small and mid-sized enterprises, said the company. The company claims its revenue and gross transaction value grew 12 times last year. Incubated by Symbiosis Center for Entrepreneurship and Innovation in 2017, Easebuzz is a payments infra company that provides digital collections and payments in India.