BENGALURU : Enterprise payments solution provider Innoviti Payment Solutions Pvt. Ltd. has raised Series C funding led by Netherlands-based FMO: Entrepreneurial Development Bank, Netherlands and US-based venture capital firm Bessemer Venture Partners, USA.The funds raised will be used for crafting new consumer-centric solutions for new market segments, while building distribution models that can support these solutions at scale, the company said.
With this funding, Innoviti also aims to become cash-flow positive by March 2021.“Digital payments can do far more for businesses than move money.