Cashkaro raises $10M in series B funding led by Korea Investment Partners

Cashkaro has raised $10M in Series B funding, led by Korea Investment Partners (KIP) and existing investor Kalaari Capital. The Gurugram-based company said it’ll spend 5X the usual marketing budget in the next 2 months, while also hiring, investing in products like Earnkaro. In previous rounds, Cashkaro had raised around $5M in total. It has been reducing losses consistently over the past two FYs and is expecting to grow revenues by 4X in the current FY.

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