 "FPL Technologies")
FPL Technologies, a Pune-based fintech start-up based in Pune, has raised $75 million as part of its Series C funding round, led by its existing investor - QED Investors along with Janchor Partners, Sequoia Capital India, Matrix Partners and Hummingbird Ventures.
The fresh equity is raised at a post-money valuation of $750 million.
The current funding comes within 10 months after the company raised its Series B funding of $35 million. The latest round of investment brings FPL Technologies’ total funding since launch to approximately $125 million. FPL will use the fresh infusion of capital to strengthen their consumer value
