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&#39;s funding round was co-led by Tiger Global, Steadview Capital, and Dragoneer. INDmoney&#39;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.&nbsp;Kashyap stated that a large portion of the new capital&nbsp;will be used to&nbsp;broaden its tech.</p>