Yamini Bhat-led Vymo has scooped up $18 million fresh funding round led by Emergence Capital. Its existing investor Sequoia India also participated in the round. Vymo will utilize the fund in exploring business avenue in financial services and expand the team.
The development is taking place at a time when Saas-based startups are achieving scale in the country.
In November 2016, the analytics firm had raised $5 million as a part of Series A round from Sequoia India. (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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