Tech Company Financing Transactions
Kiwi Funding Round
Kiwi closed a $13 million Series A funding round on 11/21/2023. Investors included Omidyar Network, Nexus Venture Partners and Stellaris Venture Partners.
Transaction Overview
Company Name
Announced On
11/21/2023
Transaction Type
Venture Equity
Amount
$13,000,000
Round
Series A
Investors
Proceeds Purpose
Kiwi intends to introduce new products over the next year, including no-cost equated monthly instalments (EMI) on UPI and a credit line on UPI, sanctioned by the National Payments Corporation of India (NPCI).
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
Ground Floor, UrbanVault 1608, 7th Cross Opp BMTC Bus Depot,
Bengaluru, 560102
India
Bengaluru, 560102
India
Phone
Website
Email Address
Overview
Provider of a virtual credit card designed to facilitate UPI payments. The company offers a lifetime free credit card with assured cashback on every transaction using a scan and pay card, enabling users to pay at any QR code, with no minimum spend amount, and claim cashback anytime.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Co-Founder
Siddharth Mehta
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We record all VC transactions involving tech companies. VC investment data records on this site are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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