Eko India Financial Services bags Rs 30 Cr equity investment from EXXORA
The family office of Sriram Natarajan, EXXORA, has invested Rs 30 crore in equity in the fintech business Eko India Financial Services as part of its Rs 75 crore Series B funding, according to the company.
The founder, CEO, and director of the portable diagnostics business Molbio Diagnostics is Sriram Natarajan.
Microbusinesses like influencers, resellers, and facilitators can sell digital financial products through Eko. More than 40 million clients have received services from the company, which has partnered with over 300,000 merchants and handled $10 billion in transactions.
The company plans to utilise the money to boost distribution in tier-II towns, develop its product, and grow its network of microentrepreneurs, among other things.
The founder, CEO, and director of the portable diagnostics business Molbio Diagnostics is Sriram Natarajan.
Microbusinesses like influencers, resellers, and facilitators can sell digital financial products through Eko. More than 40 million clients have received services from the company, which has partnered with over 300,000 merchants and handled $10 billion in transactions.
The company plans to utilise the money to boost distribution in tier-II towns, develop its product, and grow its network of microentrepreneurs, among other things.
