Private Equity

VC Fund Investments

Digital escrow platform Escrowpay raises $600-K

Firstpost  

Escrowpay , a Gurugram-headquartered digital escrow platform, has raised USD 600,000 from existing investors including Bennett C oleman & Co. Ltd, Tano India Opportunities Fund, Zenith Global Group, We Founder Circle, Angel List, JB Ventures, Inflection Point Ventures, Chhattisgarh Investments as well as other angel investors, bringing the total raised to an USD 6.6 million. The ongoing Series A round aims to collect USD 15 million. The fresh capital will be used to accelerate initiatives, support growth, and foster innovation, focussing on cross-border transactions in the UAE and the UK.