Nimbbl, a Mumbai-based payment checkout solutions startup, has raised over $3.5 million in seed and pre-Series A financing.
The round was backed by Groww, Sequoia Capital India, and Global Founders Capital alongside Amara VC and a horde of angel investors.
With the proceeds, Nimbbl will be able to bolster its proposition of facilitating commerce through developing its product and go-to-market capabilities.
In addition, the startup also intends to utilize the newly acquired capital to increase revenues, as it can go deeper into already identified problems.