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Fintech Startup axiTrust Raises INR 23.5 Cr To Push Surety Bond Adoption
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Fintech Startup axiTrust Raises INR 23.5 Cr To Push Surety Bond Adoption
Fintech startup axiTrust has raised INR 23.5 Cr (about $2.6 Mn) in the seed round, led by General Catalyst, with participation from Atrium Angels, YAN Network, Supermorpheous, and a clutch of backers. The money will help the startup develop comprehensive digital infrastructure that accelerates the adoption of surety bonds across India’s banking, insurance, and procurement sectors. Surety bonds are insurance-backed guarantees that assure a buye…
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