Payments startup Cashfree raises ₹77 lakh

Bengaluru based payments startup Cashfree founded in 2015, had reportedly raised over ₹77 lakh. Cash free allows Indian businesses automate bank transfers and accepts card payment. According to reports, the company through seed funding from Silicon Valley-based accelerator Y Combinator raised the money. The startup's founders allegedly said the funds would be utilised for product development, sales and engineering platforms.

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