SaaS startup Finarkein announces raising $4.75 mn in pre-series A round

Finarkein has raised $4.75 million in a pre-series A round led by Nexus Venture Partners, said the business-to-business software as a service company on Tuesday.

The round also saw participation from existing investors IIFL’s Fintech Fund and Eximius Ventures, and angels like Uni’s Nitin Gupta and Ashika Group’s Chirag Jain.

Finarkein’s data and workflow orchestration platform allows enterprises to co-create data products on India’s digital public infrastructure (DPI) like the account aggregator (AA) ecosystem and Open Network for Digital Commerce’s (ONDC) financial services.