Instamojo plans to take its payments and commerce solutions products to international markets in the coming months, in particular to emerging markets neighbouring India including Southeast Asia and the Middle-East, the company's CEO and co-founder Akash Gehani told MediaNama in an interview. "Similar to how demonetisation pushed people into using digital payments, the COVID-19 pandemic has accelerated the need for businesses to build an online presence," he said. Recently, Instamojo raised an undisclosed amount through a pre-series-C round from a clutch of Japanese investors, which Gehani says will help the company focus on building its product stack, increasing its user base, growing the team, in addition to expanding to emerging markets. "A part of the capital will be kept aside for the international expansion to emerging markets and over the coming few months we will finalise the plans," he said.…
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- PrivacyNama Session: Privacy, Children and Access to Services; October 6 October 3, 2022
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- RBI has the powers to regulate payment aggregators: Delhi High Court October 3, 2022
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