Razorpay invests $30 million into consumer payments startup Pop

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ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/pop” target=”_blank”>Pop, a consumer payment platform, has raised $30 million from payments solutions company ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” target=”_blank” href=”https://economictimes.indiatimes.com/tech/razorpay”>Razorpay. This investment will go towards solving two of India’s most pressing challenges in ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/digital-commerce” target=”_blank”>digital commerce: rising customer acquisition costs (CAC) for merchants and the lack of meaningful rewards for consumers, the company said.

The company operates a rewards-first UPI payments app that merges payments, commerce, and credit into one experience. It has previously raised funding from several marquee investors, including India Quotient, Unilever Ventures,…



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Razorpay invests $30 million into consumer payments startup Pop


ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/pop” target=”_blank”>Pop, a consumer payment platform, has raised $30 million from payments solutions company ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” target=”_blank” href=”https://economictimes.indiatimes.com/tech/razorpay”>Razorpay. This investment will go towards solving two of India’s most pressing challenges in ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/digital-commerce” target=”_blank”>digital commerce: rising customer acquisition costs (CAC) for merchants and the lack of meaningful rewards for consumers, the company said.

The company operates a rewards-first UPI payments app that merges payments, commerce, and credit into one experience. It has previously raised funding from several marquee investors, including India Quotient, Unilever Ventures,…



Source link

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.

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