NewsStartup

Fampay Launches Namaspay: New UPI App Tailored for Foreign Travelers in India”

Indian fintech startup Fampay has unveiled its latest innovation, the Namaspay app, aimed at transforming how foreign travelers make payments while visiting India. This Unified Payment Interface (UPI)-powered application is tailored specifically for tourists from Europe, Africa, Australia, and the United States, offering a streamlined payment experience in a country where digital transactions are…
Read more
BusinessNews

FamPay brings $38 Mn up in Series A drove by Elevation Capital

FamPay, a fintech application for teens, has rounded up $38 million in its Series A round drove by Elevation Capital. Existing supporters Sequoia Capital India, Venture Highway, Y Combinator, Global Founders Capital and new financial backers General Catalyst, Rocketship VC, and Greenoaks Capital additionally partook in the round. In March, Entrackr had only detailed about FamPay’s forthcoming…
Read more
BusinessNews

In Plum Insurance Tiger Global led $16 Mn round

Tiger Global has driven another round of $15.7 million in big business centered gathering protection stage Plum Insurance. The 15-month-old startup has raised more than $20 million to date. Plum has supported the assignment of 37,970 Series An inclination shares at an issue cost of Rs 29,976.83 per offer to raise Rs 113.82 crore or $15.7 million, administrative filings show. On April 3, Entrackr…
Read more
BusinessNews

FamPay set to clean up $25 Mn in a round drove by Elevation Capital

Children centered neo-banking stage FamPay is in late-stage converses with mop up a $25-30 million drove by Elevation Capital in Series A round, said three individuals mindful of the subtleties of the exchange. The new raise support for the Bengaluru-based organization following a hole of a year. Y Combinator and Sequoia had driven its seed round in March 2020. In the event that the new round goes…
Read more