Delhi-based fintech startup Banksathi Technologies Pvt Ltd announced that it has raised Rs 4 Crore in funding from Hem Angels and reputed entrepreneurs including Dinesh Godara (Founder, TREAD Fitness), Anuj Ahuja and Aditya (Founders, Talwar – StudyBase), and Rajendra Lora (Founder and CEO Freshokartz Agri).
The fresh funds will be used in sales and marketing, operations, and technology, the company stated. Hem Angels had previously invested in BankSathi's seed funding round. The startup was virtually incubated at Nasscom 10000 Startups.