IIT Madras alumnus' fintech startup HighRadius raises $50 mn
US-headquartered fintech startup HighRadius, founded by IIT Madras alumnus Sashi Narahari in 2006, has raised $50 million in funding led by Susquehanna Growth Equity. The SaaS (software-as-a-service) company optimises cash flow through automation of receivables and payments processes across credit, collections, cash application, deductions, electronic billing, and payment processing.