Bengaluru-based micro-savings platform, Siply announced that it has raised $3.2 million in equity and debt as part of its pre-Series A funding round.
The round was led by LetsVenture, AngelList India, and Founder Room Circle and saw participation from investors including Kunal Shah (CRED), Beerud Sheth (Gupshup), Satish Grampurohit (ex-Infosys), Shanti Mohan (LetsVenture) and Pratekk Agarwaal (angel investor, ex CBO-BharatPe). In addition, existing investor JITO Angel Network also participated in the round.
With these funds, Siply plans to further reach over 400 towns and strengthen its team and tech.
