"Escrowpay, a digital escrow platform, secures $600,000 from current investors, pushing its total raised capital to $6.6 million. This funding forms part of the ongoing Series A round, aiming for a target of $15 million. Previously, Escrowpay attained the first digital escrow fintech authorization from IFSCA at GIFT City, a significant accomplishment". The company serves a broad clientele of more than 3,000 businesses, ranging from SMEs and unicorns to listed enterprises and emerging digital-first ventures across India. This financial infusion aims to drive various initiatives, fuel growth in key sectors, and spark innovation in the expansive payments landscape.

Commenting on this accomplishment, Escrowpay expressed, “We're excited to receive ongoing support and trust from our current investors. This funding round reaffirms our market value and highlights our dedication to transforming the digital escrow domain”.

This injection of funds marks a crucial moment for Escrowpay, enabling the acceleration of strategic initiatives while reinforcing its commitment to advancing the payments ecosystem. Key investors such as Bennett Coleman & Co Ltd, Tano India Opportunities Fund, Zenith Global Group, We Founder Circle, Angel List, JB Ventures, Inflection Point Ventures and Chhattisgarh Investments have significantly contributed to this substantial funding round.