 "money, cash, investment, stocks, tax, funds, investors, investment, shares, lenders, lending, loans, funding")
Buy-now-pay-later Fintech startup Paytail has raised $1.5 million from Cholamandalam and other marquee angel investors as part of its seed round.
Paytail plans to use the fresh funds to enhance the product and build a strong team to transform the experience of offline buyers & sellers & achieve 10x-15x growth rate in the monthly transactions in the next 12 months.
Along with Cholamandalam, Paytail is committed to building a network of other large financial institutions to cater to the pre-approved loan offers for consumers. Maple Capital is the Investment banker for this transaction, and Stratage law is the legal advisors to the
