Corporate Valuations - News Payments firm Innoviti raises $18.6m from SBI-FMO, others



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Payments firm Innoviti raises $18.6m from SBI-FMO, others


Date: 12-July-2017

Innoviti Payment Solutions, a payments company backed by Infosys Ltd co-founder N.R. Narayana Murthy’s Catamaran, has raised Rs120 crore in its latest round of funding from SBI-FMO and Bessemer Venture Partners, to boost its businesses across the retail supply chain. Innoviti, a payments technology firm, helps merchants accept payments across channels such as the web, mobile, in-store or at the time of delivery. It also operates smelending.com, a platform that helps small merchants get short-term loans to manage their cash flows.

 
 
 
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