Wednesday, May 26, 2021

Cloud-based bill payment tech provider Paymentus opened up 37% after raising $210M in its NYSE IPO at ~$3.4B valuation; Paymentus had $301.8M revenue in 2020 (Emily Bary/MarketWatch)

Emily Bary / MarketWatch:
Cloud-based bill payment tech provider Paymentus opened up 37% after raising $210M in its NYSE IPO at ~$3.4B valuation; Paymentus had $301.8M revenue in 2020  —  Company has seen traction from billers looking to unify their collection of payments across various channels, CEO Dushyant Sharma told MarketWatch



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India announces a new $1.15B Fund of Funds for startups with an "expanded scope" compared to previous initiatives, and extends tax benefits for startups (Manish Singh/TechCrunch)

Manish Singh / TechCrunch : India announces a new $1.15B Fund of Funds for startups with an “expanded scope” compared to previous initiat...