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Salesforce backs Indian payments startup Razorpay

TechCrunch

Six-year-old Bangalore-based fintech Razorpay, which was valued at $3 billion in a financing round in April this year, has courted one more high-profile investor: Salesforce Ventures. Razorpay said on Monday it has received a “strategic investment” from the venture arm of the American enterprise giant.

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The latest list of YC-backed companies worth over $150M is the most geographically diverse yet

TechCrunch

In 2018, Y Combinator released its first mega list of the top companies valued at $150 million or more that have gone through the accelerator. Over the past four years, it’s updated the list to reflect the current status of its most valued companies. What this means is that more companies, particularly outside the U.S.,

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YC’s First Virtual IIT Tour

Y Combinator

They’ll talk about how they started their companies, the challenges they faced early on, and they’ll share advice for students who want to start and scale a company one day. We are proud to have backed Meesho, Razorpay, Cleartax, Groww and many others, when they were in the earliest stages of building their companies.

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Singapore’s Betafi secures US$1.3M pre-seed fund

AsiaTechDaily

The funding round was also participated by Nir Eyal and the founders of Razorpay, Pine Labs, Snapdeal, and Livspace. The platform’s usage has since increased by 50 percent month-on-month, and users have done over 1,500 hours of feedback calls, the company said. The post Singapore’s Betafi secures US$1.3M

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GetVantage offers revenue-based financing to India’s founders

TechCrunch

GetVantage says this includes several debt lines with non-banking financial companies to help scale its financing platform. I came across the ‘ad for equity model,’ a barter deal where media houses take a certain stake in companies in return for advertising and promotions on their platform.”

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Singapore-based Volopay raises $2.1 million seed round to build a “financial control center” for businesses

TechCrunch

The round was led by Tinder co-founder Justin Mateen, and included participation from Soma Capital, CP Ventures, Y Combinator, VentureSouq, the founders of Razorpay and other angel investors. The company currently has about 100 clients, including Smart Karma, Dathena, Medline, Sensorflow and Beam.

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Rupifi raises $25 million for its B2B payments platform in India

TechCrunch

Rupifi, which largely works with non-banking financial companies to source the capital, has provided credit to more than 50,000 sellers so far, Anubhav Jain, co-founder and chief executive of the startup, told TechCrunch in an interview.

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