Exclusive: PayU, IFC Invest $15 Mn In Supply Chain Finance Startup Vayana Network

Funding Rounds

▤ Summary

Vayana Network is allotting 13,63,592 fully-paid up Series C CCPS to International Finance Corporation and PayU Fintech Investments as part of this infusion. Vayana Network intends funds for general corporate purposes, the company said in the filing. The round further saw participation from March Capital, Marshall Wace and some of the large family offices in the country and abroad. In August last year, PayU acquired BillDesk, a payment gateway company, for $4.7 Bn. PayU has also invested in other fintech startups such as Fisdom, LazyPay, Wibmo, Indiagold, DotPe, among others.

$ Funding

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Amount $15.1M Total raised
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Date April 5, 2022 Announcement date
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Investors - Lead investors
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Company http://www.vayana.in Funded company

▥ Classifications

industries
Fintech & Banking
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