Fintech startup Pelocal secures $5 Mn in Series A funding

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Fintech company Pelocal has raised  $5 million in Series A funding round led by UNLEASH Capital Partners and Unicorn India Ventures, with participation from prominent angel investors.

The Noida-based company had previously raised $2 million in its seed round in October 2024, led by Unicorn India Ventures.

The fresh funds will be utilized to accelerate product development, expand existing use cases, and push go-to-market efforts, Pelocal said in a press release.

Co-founded in 2021 by Vivekanand Tripathi and Vikas Garg, Pelocal’s AI-powered payments…



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Fintech startup Pelocal secures $5 Mn in Series A funding


Fintech company Pelocal has raised  $5 million in Series A funding round led by UNLEASH Capital Partners and Unicorn India Ventures, with participation from prominent angel investors.

The Noida-based company had previously raised $2 million in its seed round in October 2024, led by Unicorn India Ventures.

The fresh funds will be utilized to accelerate product development, expand existing use cases, and push go-to-market efforts, Pelocal said in a press release.

Co-founded in 2021 by Vivekanand Tripathi and Vikas Garg, Pelocal’s AI-powered payments…



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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