India, Feb. 26 -- Cross border fintech platform HiWiPay has raised $2 Mn (around INR 17.4Cr) in a seed funding round led by Unicorn India Ventures.

The round also saw participation from Dewang Neralla's family office ,Jupiter Metaverse LLP, along with a host of angel investors, including Ritesh Malik, Mitesh Shah and Nilesh Doshi among others.

The Mumbai-based company plans to use the fresh funding to expand and improve trade remittance business and scale up operations in the education remittances sector.

Founded in 2022 by Dewang Neralla, Geeta Chauhan, and Ujwal Tamminedi, HiWiPay manages cross border payments and financial transactions for individuals and businesses.

The platform specifically addresses the challenges commonly assoc...