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Slice Pay receives investment from Kunal Shah, raises Rs 10 crores

Slice Pay, the fintech start-up which allows college students to buy collateral-free products & services online on EMI via an app, has raised about Rs 10 crores from 5 different investors. Japanese investor Shinji Kimura funded Rs 7.1 crores, EMVC's founder Mellisa Frakman invested Rs 1.42 crores, Kunal Shah's QED Innovation labs had put Rs 40 lakhs in the company. It took a loan worth Rs 10 crores from Sachin Bansal's CRIDS.