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Cashfree scoops up $35 Mn in Series B round led by Apis Partners

Shortpedia

Content Team
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Payment gateway startup Cashfree has scooped up $35.3 million in its Series B round led by London-based private equity fund Apis Partners’ Apis Growth Fund II. Existing investors Y combinator and Smilegate Investments also took part in the round. The firm will utilise the fresh capital for enhancing the product and technology. Moreover, it also looks to develop new product verticals and make strategic investments.