DotPe: Announced it has secured USD 27.5 million in Series A funding

  • Gurgaon-based offline-to-online commerce platform, DotPe, announced that it secured USD 27.5 million in Series A funding
  • The round led by its early investor, PayU, the payments and fintech business of Prosus
  • Info Edge Ventures doubled down on its seed investment in the company made last year
  • DotPe stands notably as the only Indian platform to successfully digitized enterprise as well as SMB merchants
  • On the SMB front, its product Digital Showroom on-boarded over 5 million merchants within 6 months of launch in September 2020
  • DotPe has made some key hires in recent months. The fresh funding deployed towards accelerating product development
Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

You May Also Like

Revolut’s Storonsky Strengthens Residency in UK After Filing Error

CEO Nik Storonsky clarifies residency status following administrative mistake.Highlights: Nik Storonsky corrects residency status following a filing error.Revolut's...

PicPay Strengthens Position with $25 Billion Valuation in New York IPO

The Brazilian payments platform PicPay goes public, marking a significant milestone.Highlights: PicPay valued at $25 billion following its...

Long-Term DEI Efforts Strengthen Business Outcomes

Exploring how diversity, equity, and inclusion impact corporate success.Highlights: Diversity, equity, and inclusion (DEI) enhance employee engagement.Companies with...

EBAday Fintech Zone Winners Strengthen Industry Presence

Insights into past winners and their ongoing impact on fintech.Highlights: EBAday 2023 showcased multiple fintech innovations.Winners are expanding...