Fintech startup TransBnk secures $4 million in funding round led by 8i Ventures

Fintech startup TransBnk has raised $4 million (about Rs 34 crore) in a funding round led by 8i Ventures, which has earlier backed fintech firms such as M2P, Slice and Eazebuzz.

It marks the Mumbai-based company’s first major institutional funding since raising $1 million in June 2023.

Accion Venture Lab, GMO Venture Partners, Ratio Ventures, Force Ventures as well as several family offices and angel investors also participated in this round.