Mutiples commits $30m to India neo-banking platform
Multiples Alternate Asset Management has invested USD 30m in India-based neobank Niyo, entering on the heels of a USD 100m Series C round that closed in February.
The company, which has now raised more than USD 180m to date, said it would use the proceeds to expand its product capabilities and grow its user base, organically and through M&A. There will also be investment...
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