indiagold - a gold-focused digital alternative credit platform, is raising $12 million funding led by PayU, the payments and fintech business of Prosus, and Alpha Wave Incubation Fund, which is backed by DisruptAD and managed by Falcon Edge Capital. Better Tomorrow Ventures, 3one4 Capital, RainmatterCapital, and existing investor, Leo Capital will also participate in the round.
It will use the funds to scale the business and roll out operations nationally.
