Fintech company Multipl raises $3-M

Bengaluru-based Fintech company Multipl, has raised USD 3 million in a seed round led by Blume Ventures, GrowX Ventures, IIFL, and Kotak Securities Limited. The "Plan Now, Pay Later" fintech plans to utilise the funds to widen investment options. Multipl rewards users for saving for future expenses by "encouraging ethical and more conscientious" consumption. The company plans to provide accessible finance for expenses including travel, gadgets, home renovation, insurance, children's education, and vehicles amongst others.