Indian financial infra startup M2P Fintech raises $56m led by Insight Partners

Photo: Reuters

Chennai-based financial infrastructure company M2P Fintech announced on Thursday that it has raised $56 million in a Series C1 funding round led by the New York-based private equity and venture capital firm Insight Partners.

MUFG Innovation Partners, a CVC company of Mitsubishi UFJ Financial Group, Inc. (MUFG), and existing investors Tiger Global and Better Capital, too, joined the financing round.

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