VC Fund Investments
Neobank epiFi raises $12-M from existing investors Sequoia India and Ribbit Capital
Bengaluru-based neobanking startup epiFi has raised USD 12 million (INR 88.2 crore) more from its existing investors Sequoia Capital India and Ribbit Capital (who contributed INR 44.1 crore each). The company has allotted 159,494 Series A1 CCPS (at an issue price of INR 5,530 each).
From the Venture Intelligence PE-VC Deal Database: Between Oct 2019 and Aug 2020, epiFi has raised INR 95.34 Cr from Ribbit Capital, Sequoia Capital India, Hillhouse Capital, Rainmatter Capital, B Capital Group and others. (Subscribers to the database can login to view the valuation, deal structuring and other transaction details.)
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