Fintech startup IppoPay raises funding from Mithun Sacheti and Siddhartha Sacheti

Chennai-based fintech startup IppoPay has attracted an investment from Mithun Sacheti (founder of CaratLane) and Siddhartha Sacheti (CEO of Jaipur Gems).Founded by Mohan Karuppiah and Jaikumar R in 2020, IppoPay focuses on facilitating digital payments for small-scale merchants, allowing them to make and accept transactions through UPI Payments via QR codes.Currently focused on Tier II & Tier III cities in Tamil Nadu, the firm plans to expand to Andhra Pradesh, Telangana, and the rest of south India.