Novo raises additional $35 mn to support India operations1 min read . Updated: 01 Dec 2022, 01:58 PM IST
The fintech firm currently employs about 211 people in India, with offices in Gurugram, Bengaluru and Ahmedabad. Novo started its India operations in 2019, which now manages about 70% of the fintech platform’s back-end support
BENGALURU: Novo Platform Inc ., a Florida-based fintech firm, has raised an additional $35 million from GGV Capital, taking the total fundraise in its Series B round to $125 million. With GGV Capital picking a strategic stake in the firm, its principal Robin Li will join Novo’s board as an observer, it said in a press statement.
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