- New Funding Round: M2P Fintech is reportedly raising up to $80 million.
- Lead Investor: Helios Investment Partners is leading the round with a $50 million investment for a 6.5% stake.
- Additional Investors: Oman’s Bank Muscat is participating, and early investor Beenext is looking to sell part of its stake to angel investors.
- Conflicting Reports: A separate report by Entrackr suggests M2P secured $50 million from new investor Taj Investment Holdings.
- Company Background: Based in Chennai, M2P Fintech provides API infrastructure enabling businesses to embed fintech services.
- Previous Funding: M2P raised $56 million in a Series C1 round in 2022 and has made six acquisitions, including Goals101 for $30 million in December.
India’s M2P Fintech reportedly on track to secure $80m funding round
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