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M2P Fintech, an application programming interface (API) infrastructure platform, has successfully raised Rs 850 crore (approximately $101.8 million) in a Series D funding round led by Helios Investment Partners. The funding was secured through a mix of primary and secondary share capital. This latest round of financing has increased M2P Fintech's valuation to over Rs 6,550 crore. The company plans to utilize the funds to strengthen its market leadership in India and expand its operations to Africa. Bhavya D Kumar provided additional insights on the deal.
#Banking infra company, @m2pfintech raises Rs 850 cr through a mix of primary & secondary share capital taking its valuation to over Rs 6,550 cr. @onlymadhoo tells @ShrutiMishra_ how #M2PFintech plans to strengthen its market leadership in India and expand operations to #Africa. https://t.co/O1LKkg9Y1x
#OnETNOW | "The SME IPO process has become a gamified system, turning into a greed-driven chain" says Mohit Gulati of ITI Growth Opportunities Fund @MohitMGulati @ItiFund https://t.co/AP4o6Cyqur
M2P Fintech on Tuesday claimed to have raised Rs 850 crore through a mix of primary and secondary capital as part of its series D financing round. @AjinkyaJK #M2P #funding #Fintech https://t.co/INfZAaGIJ6