The new funding will support expansion in key areas and strengthen supply chain financing.
In 2024, Swiggy's $1.35 billion IPO became the world's largest technology IPO.
Money Club offers small loans within 6 hours, usually around $180 to $240.
Venture capital activity was subdued in early 2024, but momentum is now building.
The company aims to become profitable by 2027 and reduce its headcount from 200 to about 100 people.
Revibe has been around for nearly two years and claims to have sold more than 80,000 items.
KPay currently serves 45,000 merchants in Hong Kong, Singapore and Japan.
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