Easebuzz Raises $4 Million in Seed Funding Round

Mumbai: Easebuzz, a business-to-business (B2B) payments solution provider, has raised $4 million (Rs 29.29 crore) as part of its seed funding round.

The funding was led by 8i ventures, Varanium Capital and Guild Capital, said Easebuzz in a statement.

The company will use the funds to strengthen its product team and boost sales and marketing. A part of the funds will also be deployed to offer more payment application programming interfaces (APIs) and solutions for small and mid-size enterprises.

Easebuzz was incubated by Symbiosis Center for entrepreneurship and innovation in 2017.