Fortunepay lands funding for online payments

Based in India

Electronic payments firm, FortunePay, has raised an undisclosed seed funding round from Kae and Bessemer Venture Partners. The firm is still awaiting regulatory approval for its product, Paavati which is aimed at the online retail, banking and financial sectors. Bangalore-based FortunePayments is now planning to open a new office in Mumbai.

Related reading

A hand holding a smartphone with $ icons on the screen, which is visually connected to a network of little people around it

Leave a comment