FPL Technologies is 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.
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The current funding comes within ten 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.
