India, Aug. 20 -- 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 in the startup, while Nexus Ventures VI Holdings LLC and Stellaris Venture Partners India Trust II pumped in INR 47.5 Cr and INR 34.9 Cr, respectively. ON Mauritius II also infused INR 12.8 Cr in the company during the round.

In total, Kiwi allotted 20,251 Series B CCPS shares to these investors. Inc42 has reached out to the company and the story will be updated based on the responses.

Founded in 2022 by Sid...