MF News Vijya Fintech gets funding of Rs. 7 crore in its second round of angel investing

Vijya Fintech gets funding of Rs. 7 crore in its second round of angel investing

VFPL will use these funds to develop MIDASX, an interactive B2B2C marketplace.

Team Cafemutual Mar 8, 2024

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B2B fintech platform Vijya Fintech Private Limited (VFPL) which runs Mercury raised funding of Rs. 7 crore in its second round of angel funding.

The investors in this round included Lemon Tech, Lemon Emerging Ventures, Veloce Fintech and Tech Experts. The first round of funding in 2022 received Rs. 8 crore.

The company will use these funds for growth initiatives, support go-to-market strategies and expand market reach. The newly raised funds will also be used for the launch of MIDASX, a B2B2C marketplace aimed to transform financial interactions.

Aakash Bansal, Paresh Paladiya and Rajesh Soni are the co-founders of Vijya Fintech.

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