The round was led by Elevation Capital and also featured participation from several other new and existing backers. According to information in the article, the new investment represents one of the biggest Series A rounds in the nation.
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Indian 'Neobank' Aimed at Teenagers Hauls in One of India’s Biggest Series A Rounds
FamPay, a Bangalore-based neobank aimed at younger users, raised $38 million in a Series A funding round. So reports TechCrunch.
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