Tech Company Financing Transactions
TransBnk Funding Round
TransBnk, based in New Delhi, raised $4 million from 8i Ventures, Accion Venture Labs and Force Ventures.
Transaction Overview
Company Name
Announced On
8/21/2024
Transaction Type
Venture Equity
Amount
$4,000,000
Round
Series A
Investors
8i Ventures (Lead Investor)
Accion Venture Labs (Lead Investor)
Proceeds Purpose
The company intends to use the funds to expand the network of banking partners, while also pursuing global expansion plans with a focus on Middle East and South East Asia markets.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
M-32, M Block Market Greater Kailash II
New Delhi, 110048
IN
New Delhi, 110048
IN
Phone
Website
Email Address
Overview
At TransBnk, we combine the expertise of seasoned bankers and technologists with over 50 years of collective experience in Transaction Banking. This allows us to deliver comprehensive platform solutions that empower the banking ecosystem. Our range of services includes digital lending, supply chain solutions, marketplace solutions, capital market services, and custodial services.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Vaibhav Tambe
Chief Technical Officer
Lavin Kotian
Co-Founder
Pulak Jain
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Where The Data Comes From
We report on all VC transactions involving tech companies. VC investment data records reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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