Google-backed DotPe, founded by PayU India cofounder Shailaz Nag raised $54.4 million in funds led by Singapore’s sovereign fund Temasek.
DotPe offers a full-stack solution for setting up an online payment and delivery system for small and medium-sized businesses. It also provides these businesses with store management and marketing management tools. In an extraordinary general meeting earlier this week, the company’s board passed a special resolution authorising the startup to raise the funds. otPe had onboarded nearly 7.5 million merchants across tier-1, -2, and -3 cities.
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Google-backed DotPe, founded by PayU India cofounder Shailaz Nag raised $54.4 million in funds led by Singapore’s sovereign fund Temasek.
DotPe offers a full-stack solution for setting up an online payment and delivery system for small and medium-sized businesses. It also provides these businesses with store management and marketing management tools. In an extraordinary general meeting earlier this week, the company’s board passed a special resolution authorising the startup to raise the funds. otPe had onboarded nearly 7.5 million merchants across tier-1, -2, and -3 cities.
Disclaimer
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
