Fintech startups MobiKwik, ImpactGuru, education technology firm DataTrained, pharmacy chain Generico, skincare brand Oliva and footwear retailer Flip Flop Hub have secured new rounds of funding, in a spate of startup funding news.
MobiKwik secures $3.4m fresh funding from existing investors
Fintech firm One MobiKwik Systems Pvt. Ltd, which operates MobiKwik, has raised around Rs 24 crore ($3.4 million) in a fresh round of funding led by existing investor Sequoia Capital India, according to media reports quoting regulatory filings. Sequoia led the round through a Rs 15 crore investment, while the remaining funds came from other existing investors South Africa’s Net 1 UEPS Technologies Inc and Japan-based GMO Payment Gateway.