EximPe, a business-to-business fintech startup, has raised $3.5 million in a seed funding round anchored by Leo Capital. The round also saw participation from other investors including RB investments, Founder Bank Capital, iSeed Ventures, 2am VC, LetsVenture, and BoldCap.
Additionally, it included landmark Angel investors such as Kunal Shah, Founder, Cred, Rajesh Raju, Managing Director, Kalaari Capital, Axel Wehr, Partner, Firestartr.vc, Aprameya Radhakrishnan, and others.
The funds will be deployed towards bolstering leadership and talent, and also further strengthening the product, EximPe said in a press release.
Founded by Arjun Abraham Zacharia in June 2021, EximPe aims to reimagine cross-border trade by digitising its workflows and providing financial services, in partnership with leading Indian banks.
It is currently operational across the trade corridors of India-China, India-Gulf Cooperation Council countries, and India-ASEAN countries.