Digital payments platform Instamojo raises â¹50-crore funding
Bengaluru-based digital payments and e-commerce platform Instamojo has raised about â¹50 crore ($7 million) in a Series B funding round. Investors including Japanese payments firm AnyPay, Kalaari Capital, BEENEXT and Japan's Gunosy Capital participated in the round. Founded in 2012, Instamojo provides payments solutions, business tools, and connections to micro, small and medium enterprises.