Mumbai-based startup Seven raises ₹4 crore in pre-Series A funding led by Venture Catalysts to ramp up production of its payment device 7 Ring.
Jun 18, 2025•about 1 month ago
Amount Raised
₹40 Million
Round Type
PRE-SERIES A
MumbaiConsumer ElectronicsInvestors
Anchorage Capital PartnersVinnersVenture Catalysts
Description
Fintech startup Seven has secured ₹4 crore in a pre-Series A funding round. The round was led by Venture Catalysts, with participation from existing investor Vinners and Anchorage Capital Partners. This funding will enhance production of its 7 Ring payment device and support the upcoming launch of a budget version. The company aims to increase distribution through online channels and metro stations.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
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