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Fintech Tartan, e-commerce firm Combonation rack up fresh funding

Fintech startup TartanHQ Solutions Pvt. Ltd raised $4.5 million (around Rs 35 crore) on Monday from investors including 500 Global, 9Unicorns, InfoEdge Ventures, AngelList Quant Fund, WorldQuant Ventures and Varanium GenNext Fund. Founded in 2021 by Pram Jain and Mead Semlani, Tartan helps companies develop and offer financial products through a secure employment data gateway. The company plans to double its workforce to 110, focus on engineering roles, support the development of innovative financial products such as access to earned payments and expand into new areas such as tax payment.

The platform will use the new capital to expand marketing operations, scale the engineering team and expand the product offering. In a statement, the company announced that its latest fundraising round raised $6 million. advertising”Over the past year, our product launch has exceeded our expectations as more and more companies choose the right tool to build and sell their products,” said Pram Jain, co-founder and CEO of Tartan.”The Tartan API unlocks the power of income and employment data to drive the next wave of innovation in the fintech ecosystem,” said Christian Tsai, CEO and Founding Partner of 500 Global. 500 Global is an investment company that has more than $ 2.7 billion in management (AUM), which initially invests LinkedIn in technical companies.

To combineThe Delhi -based E -commercial operating system raised $ 2 million (about $ 15.6), which is part of the seeds made by the seeds of colorful RK Nanda with the involvement of other private investors.Running programs to order new revenue to expand level and technology. Founded in 2021 by Saurabh Nanda and Pooja Sodhi, Combo is a multi-brand platform that offers combo deals at discounted prices. The online store covers everything from food, home use, personal care and men’s grooming. Backed by Coloressence promoters, the company plans to expand to more than 100 locations in northern parts of India.

Price parity is the main goal of any CEO or management across online and offline platforms, which unfortunately is not possible due to different pulls and pressures online and offline. Saurabh Nanda said, “This integration will reduce trade imbalances and increase mindshare across online and offline trade platforms with deep discounts without disclosing individual SKUs or brand prices, thereby providing clarity and exciting offers to both consumers and transactions. remains satisfied.”

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BusinessUpdater

An MBA in HR and Marketing from AIMS Institute (Bangalore University), He heads digital business he has a rich experience that he has garnered from his previous organisations Including leading Banks, NBFCs & Genpact India. He is a serial entrepreneur and the founder of Heavy Group of Companies.

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