VC Fund Investments
B2B cross-border trade platform EximPe raises $3.5 M led by Leo Capital
Singapore- and Bangalore-based Business-to-business (B2B) fintech platform EximPe has raised USD 3.5 million led by Leo Capital. RB investments, Founder Bank Capital, iSeed Ventures, 2 am VC, LetsVenture, and BoldCap also participated in the seed round. Angel investors such as Kunal Shah, founder of Cred; Rajesh Raju, managing director of Kalaari Capital; Aprameya Radhakrishna, co-founder of Koo, and Ankit Nagori, founder of Curefoods, also invested. The startup plans to use the funds to acquire talent and further strengthen its product. Founded by Arjun Abraham Zacharia in June 2021, EximPe works to facilitate cross-border trade by digitising its workflows and providing financial services in partnership with banks. It expects to touch USD 100 million in annualised TPV (Total Payment Volume) run rate by the end of this year.
Want to receive such news items in your inbox? Click Here to sign up for a trial.
