Fintech Kiwi raises Rs 108cr in funding round by Omidyar Network

Fintech company Kiwi has raised $13 million (about Rs 108 crore) in a funding round led by Omidyar Network India. Existing investors Nexus Venture Partners and Stellaris Venture Partners also participated in this round, according to a release. The latest fundraise will enable Kiwi to further expand its 'credit cards on UPI' offerings in India. "Kiwi raises $13 million in a series-A round led by Omidyar Network India to expand the 'credit on UPI' landscape in India," the release said. https://ift.tt/tRl2oeH