Tencent Backs India’s NiYO In $35M Series B Round Eyeing Blue-Collared Customers

News Source: China Money Network.

Indian digital banking start-up NiYO Solutions announced on Tuesday that it has closed US$35 million in a series B round of financing from investors including Tencent and Horizons Ventures, a Hong Kong-based venture capital firm founded by billionaire Li Ka-shing.

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