Fintech giant Innoviti bags $10 Mn from Netherland based FMO


Content Team
Image Credit: vccircle

Bengaluru-based digital payments solutions startup Innoviti is raising $10 Mn from its existing investor Netherland-based FMO. The round seems to be a part of the startup’s ongoing Series D round. The startup in an extraordinary general meeting held on April 22, 2022 has passed a resolution to allot 14,88,316 Series J compulsory convertible preference shares to FMO for $10 Mn (INR 75 Cr).