Payment solutions provider Innoviti has raised 30 crore ($5million) in a round led by Narayan Murthy-backed Catamaran Ventures and Canada-based New India Investment Corporation..The funding will be focused on expanding the company’s SME loans category, reports ET..Bangalore-based Avigna Law Advocates, which was recently listed as one of the go-to law firms for start-ups in Bangalore, acted for Catamaran. The Avigna team was led by Co-founder and Partner Kshama Ravikumar..Innoviti, which was advised by its in-house team, had raised 10 crore from a round led by Tata Capital in May 2014.
Payment solutions provider Innoviti has raised 30 crore ($5million) in a round led by Narayan Murthy-backed Catamaran Ventures and Canada-based New India Investment Corporation..The funding will be focused on expanding the company’s SME loans category, reports ET..Bangalore-based Avigna Law Advocates, which was recently listed as one of the go-to law firms for start-ups in Bangalore, acted for Catamaran. The Avigna team was led by Co-founder and Partner Kshama Ravikumar..Innoviti, which was advised by its in-house team, had raised 10 crore from a round led by Tata Capital in May 2014.