On-demand payments provider Instamojo raises capital from Anypay, Kalaari Capital
(WorldNews Business)

MUMBAI: On-demand payments provider Instamojo has raised an undisclosed amount of capital from Japanese payments firm Anypay. The round also saw participation from existing investor Kalaari Capital. The pre-series B round marks Anypay`s foray into the Indian internet landscape. The capital infusion comes almost three years after the company raised $2.6 million from Kalaari Capital, Blume Ventures, 500 Startups and others in November 2014. The Bengaluru-based company provides payments and ecommerce offerings for SMEs looking to digitise their business. With over...