India Deal Monitor: Better Capital invests in neobank Walrus and more updates

Bengaluru-based neobank Walrus on Wednesday said it has raised an undisclosed amount in a pre-seed funding round led by Better Capital, an early backer of neobanks in India that has also invested in Open, Khatabook, Jupiter, Yelo, and Slice.

The round also saw the participation of angel investors, including Raveen Sastry (Co-founder, Myntra), Raghunandan G (Ex-Founder and CEO of TaxiForSure), and Brijesh Thakkar among others, it said in a statement.

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