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Fintech Startup True Balance Raises $28 Mn Funding; Eyes Profitability
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Fintech Startup True Balance Raises $28 Mn Funding; Eyes Profitability
18 November 2020
With this fresh capital, the company plans to make the startup reach the break-even point and reach more underbanked users in India. Last year, True Balance had raised $23 Mn in a Series C funding round. True Balance’s saw revenue increase by 49.8% from INR 5.97 Cr in FY18 to INR 8.95 Cr in FY19
With this fresh capital, the company plans to make the startup reach the break-even point and reach more underbanked users in India. Last year, True Balance had raised $23 Mn in a Series C funding round. True Balance’s saw revenue increase by 49.8% from INR 5.97 Cr in FY18 to INR 8.95 Cr in FY19
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