A consortium of investors led a $75m Series C round in FPL Technologies.

A consortium of investors, including QED Investors, Janchor Partners, Sequoia Capital India, Sarv Investments, Matrix Partners and Hummingbird Ventures, led a $75m Series C round in FPL Technologies, a fintech start-up. “The growing customer inclination towards digital and contactless payments in our country has presented a promising opportunity to introduce mobile-first credit consumption products. But alongside that comes the responsibility of educating these customers and making them a credit aware community too . The young digital-savvy customer is increasingly seeking simple, seamless, smooth yet heightened experiences in their lives and this is exactly what we offer through our products. Leveraging our technology prowess, we constantly innovate and offer highly personalized, slick, swanky, state-of-the-art products which are simpe and easy-to-use, to our customers,” Anurag Sinha, FPL Technologies Co-Founder & CEO.