<article>While former Vodafone CEO Arun Sarin has invested in Truecaller and Ratan Tata in Kyazoonga, fintech startup ePaylater has raised $2 million in seed funding.</article>

While former Vodafone CEO Arun Sarin has invested in Truecaller and Ratan Tata in Kyazoonga, fintech startup ePaylater has raised $2 million in seed funding.
<h3>Former Vodafone CEO Arun Sarin invests in Truecaller</h3>
Former <a style="color: #000080;" href="http://dealstreetasia.com/tag/vodafone">Vodafone</a> Global chief executive Arun Sarin has acquired a minority stake in phone directory app <a style="color: #000080;" href="http://dealstreetasia.com/tag/truecaller">Truecaller</a> for an undisclosed amount.
The other investors in the Scandinavian firm include Access Partners, Atomico, Sequoia Capital and Kleiner Perkins Caufield &amp; Byers. India is the largest market for Truecaller, where it has 100 million of its total user base of 150 million.
This marks Sarin’s third investment after taxi aggregator app Ola in July last year and music streaming company Saavn in September. Sarin will be joining Truecaller’s advisory board followed by a capital investment in the company, Truecaller said in a statement.
“That is where I see a huge potential for Truecaller to be part of the bigger ecosystem. This should be a gift from every operator to their customers,” he said. With his global experience and network, Sarin will be focusing on supporting and advising the company on the overall strategy, the statement said.
<h3>Ratan Tata backs e-ticketing startup Kyazoonga</h3>
<a style="color: #000080;" href="http://dealstreetasia.com/tag/ratan-tata">Ratan Tata</a>, chairman emeritus of Tata Sons, has invested an undisclosed amount in his personal capacity in e-ticketing startup <a style="color: #000080;" href="http://dealstreetasia.com/tag/kyazoonga">Kyazoonga</a>, said <a style="color: #000080;" href="http://economictimes.indiatimes.com/small-biz/money/ratan-tata-invests-undisclosed-amount-in-e-ticketing-startup-kyazoonga/articleshow/52680532.cms">a report</a> in The Economic Times.
The company plans to use the funds to expand into international markets including the United States, West Asia, Pakistan and the Caribbean Islands.
&#8220;We have our own IP and ticketing technology platform that enabled us to scale up domestically,&#8221; said Kyazoonga founder Neetu Bhatia. &#8220;We largely focus on sporting and entertainment events, not really movies. That&#8217;s how we differentiate ourselves from the existing players in the market,&#8221; she said.
The platform focuses on developing partnerships with sports franchises, music concert promoters and event organisers. Launched in 2007, the company claims to have sold over 25 million tickets in 2015.
<h3>Fintech startup ePaylater raises $2m in seed funding</h3>
Financial-technology startup <a style="color: #000080;" href="http://www.epaylater.in/">ePaylater.in</a>, has secured $2 million in seed funding from three high-net-worth individuals, according <a style="color: #000080;" href="http://www.vccircle.com/news/telecom/2016/06/09/exclusive-fin-tech-startup-epaylater-gets-2-mn-seed-round">a report</a> by VCCircle.
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“The investors are leading personalities of the global financial industry and have invested in other fin-tech startups,” Akshat Saxena, co-founder of ePaylater told VCCircle, adding that the investors had also given their further commitment.
The Mumbai-based startup plans to use the funds for product development and marketing.
Founded in December last year , ePaylater allows the customers to  ‘buy now and pay later’ on online portals . The customers get 14 days to make the payment and within that period they can make many more transactions.
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While former Vodafone CEO Arun Sarin has invested in Truecaller and Ratan Tata in Kyazoonga, fintech startup ePaylater has raised $2 million in seed funding.

India: Arun Sarin bets on Truecaller; Tata backs Kyazoonga; ePaylater raises $2m

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India: Arun Sarin bets on Truecaller; Tata backs Kyazoonga; ePaylater raises $2m

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