🚨*JUST IN: Cashfree Payments raises $53 million from Krafton, Apis Growth Fund* ⚡Payment aggregator Cashfree Payments has raised $53 million (Rs 450 crore) in a Series C round led by South Korean mobile game provider Krafton’s investment arm, and existing investor Apis Growth Fund II. ⚡The latest funding round has valued Cashfree Payments at $700 million. This is nearly 3.5 times its previous valuation a year ago of $208 million, according to market intelligence platform Tracxn. ⚡Cashfree Payments plans to deploy a chunk of the new equity funds for overseas expansion: the United Arab Emirates market. In November 2021, it had acquired Telr in the UAE for $15 million. For more details, check out The Arc bulletin report - https://bit.ly/3Q6VUWm