Credit card platform Kiwi raises $6-M led by Nexus, Stellaris

Mumbai-based credit card platform Kiwi has raised USD 6 million in a pre-Seed funding round from Nexus Venture Partners, Stellaris Venture Partners, and angel investors. The startup has also launched its all-in-one "Credit on UPI," which will help customers make payments using either a credit card or bank account directly through their phones. On the Kiwi app, a user will be able to apply for and get a virtual RuPay credit card digitally and instantly. Kiwi was co-founded in November 2022 by Siddharth Mehta (former CEO, Freecharge), Mohit Bedi (former PayU executive), and Anup Agrawal (former business head, LazyPay).