FINO PayTech in talks with more investors to raise funds; explores acquisition
Tuesday, 13 September 2016 - 19:19:32
Payment technology solutions provider FINO PayTech is in advanced talks with a few investors just after receiving a capital commitment worth Rs 251 crore from state-run refiner Bharat Petroleum Corp Ltd (BPCL) two months ago, a top executive told VCCircle.
FINO PayTech was chosen by UIDAI to demonstrate the tech enabled payment mechanism at the national launch of Aadhaar-based service delivery.