Sequoia Capital & Ascent Capital lead $25 million funding round in Citrus Pay - 19-Oct-2015
NEW DELHI: Payment solutions company Citrus Payment Solutions has raised about $25 million (about Rs 162 crore) from a consortium of new and existing investors, the latest transaction in the country's payments sector, which continues to see risk capital queue up to participate in the red-hot segment. Sequoia Capital, an existing backer of Citrus Payment, and new investor, mid-to-growth stage private equity firm, Ascent Capital, have led the Series C round of funding in the Mumbai