India, Aug. 25 -- Updated | August 25, 1:10 PM

Days after Inc42 reported Kiwi securing INR 208.5 Cr (around $24 Mn) in its Series B funding round led by Vertex Ventures, the startup has now confirmed the development.

In a statement, the startup said it plans to deploy the fresh proceeds to boost its growth, advance product roadmap and sharpen its focus on building sustainable unit economics.

Original | August 20, 11:50 AM

Fintech startup Kiwi has secured INR 208.5 Cr (about $24 Mn) in its Series B round led by Vertex Ventures. The round also saw participation from Nexus Ventures, Stellaris Venture Partners and Omidyar Network (ON).

As per its regulatory filings with the MCA, Vertex Ventures SEA Fund V Pte Ltd. invested INR 113.2 Cr i...