Payment Solutions Startup Innoviti Nabs $5 Million For Business Expansion

As India enters into a nascent phase of cashless payments, startups in the payment solution domain have recently been a focal point for investors. As a result, Innoviti, an online payment solution provider has raised $5 Million in fresh funding from Catamaran Ventures, a private investment firm of Narayan Murthy along with Canada-based New India Investment Corporation.

This money will be used in company’s plan for expanding the business of real-time credit distribution to small and...

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