💨 Abstract

Indian digital payments firm Cashfree has raised $53 million in a funding round led by South Korean video game developer Krafton. The firm, which helps Indian merchants collect and make online payments, is valued at around $700 million. The funds will be used for cross-border and security innovations and international expansion. The round also saw participation from UK-based private equity investor Apis Partners.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖