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Cashfree in talks to raise $25 Mn at around $150 Mn valuation

Shortpedia

Content Team
Image Credit: Shortpedia

Payment gateway startup Cashfree is in advanced talks to raise 20 to 25 million dollars in a fresh round from new and existing backers, said two persons aware of the matter. This would be a second investment for a payment gateway in India this year. Razorpay recently scooped up a $100 million round led by Singapore-based GIC and existing backer Sequoia Capital to enter the unicorn club.