India-based UrbanPiper $24M Series , a digital payments platform, recently announced the successful completion of its $24 million Series A funding round. This round was led by New York-based Tiger Global Management and also included participation from existing investors such as Sequoia India and 3one4 Capital. The funds will be used to expand UrbanPiper’s presence in India and to focus on product development initiatives.
Overview of UrbanPiper
UrbanPiper is an India-based digital payments platform founded in 2017. The platform is designed to enable businesses to quickly and easily accept payments from customers. Additionally, it offers a suite of analytics and insights to help businesses better understand and improve their payments processes. UrbanPiper is currently used by over 7,000 merchants in India.
Details of the $24M Series A Funding Round
UrbanPiper recently announced the successful completion of its $24 million Series A funding round. This round was led by New York-based Tiger Global Management and also included participation from existing investors such as Sequoia India and 3one4 Capital.
Expansion Plans for UrbanPiper
UrbanPiper plans to use the funds to expand its presence in India. This includes expanding its team and developing new products and services for its customers. The company also plans to invest in new technologies and partnerships to further its mission of making payments more efficient and secure for businesses in India.
Impact of the Funding Round
The successful completion of this funding round is a major milestone for UrbanPiper and will help the company to further its mission of making payments easier and more secure for businesses in India. The funds will also allow UrbanPiper to expand its presence in India and to focus on product development initiatives.
Conclusion
The successful completion of the India-based UrbanPiper $24M Series A funding round for India-based UrbanPiper is a major milestone for the company. The funds will help the company to expand its presence in India, develop new products and services, and invest in new technologies and partnerships. This will help the company to further its mission of making payments more efficient and secure for businesses in India.
