PE Fund Investments
HR tech startup Refyne raises $82-M from Tiger Global, others
Bengaluru-based salary-on-demand startup Refyne has raised USD 82 million in a Series B round led by Tiger Global, with participation from new and existing investors including Digital Horizon, QED Investors, Jigsaw VC, XYZ Capital, RTP Global and partners of DST Global. Refyne will use the new funds towards product development, expansion of the team, and ramping up various business functions. Founded by Chitresh Sharma and Apoorv Kumar, the startup partners with employers to enable their staff to access a portion of their accrued but unpaid salary any time before payday.
From the Venture Intelligence PE-VC Deal Database: Between Dec-20 and Jun-21, Refyne raised $20-M from QED Investors, XYZ Ventures, Jigsaw VC, DST Global, RTP Global, and others.
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