First Principles Labs Technologies has raised $4.5 million from Matrix Partners India and Sequoia India in its seed round of funding. The firm will deploy the funds to strengthen its product offering, expand the existing 20 member team and invest in acquiring customers.
Two months back, the startup had launched OneScore App for credit tracking and claimed to have one lakh users of the app already. (Source)
Aarzoo is an author at Entrackr who tries to bring in an unbiased perspective while writing about the budding Indian startup ecosystem. Along the way, she also analyses the companies, their numbers, and compiles them. A graduate in Economics from Lady Shri Ram College for women, a will to explore the emerging businesses drives her the most. Connect with her at [email protected].
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