B2B digital payments enabler PeLocal raises $5-M

Chennai-headquartered digital payment solutions provider PeLocal has raised USD 5 million in a Series A funding round, co-led by Unleash Capital Partners and Unicorn India Ventures, with participation from angel investors.Founded in 2021 by Vivekanand Tripathi, Pelocal provides a payments platform that enables the enterprises to collect payments and engage with customers directly through WhatsApp and other messaging platforms.The proceeds will be used to expand product development and strengthen the go-to-market strategy.