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Cross-border payments startup HiwiPay has raised $2 million in a funding round led by Unicorn India Ventures.The round also saw participation from cofounder Dewang Neralla’s family office and Jupiter Metaverse LLP and angel investors including Ritesh Malik, Mitesh Shah, and Nilesh Doshi.
The company plans to use the funds to expand its trade remittance business and scale operations in the education remittance sector, Neralla, who was previously the CEO of NTT Data India, told ET.
“When we started, our focus was on education before expanding into…
