• Indian startup ecosystem witnesses multi-sector funding across fintech, AI, jewellery, and mobility.
• Kiwi, Nugen, Palmonas, Nuyug, and Vutto secure funding rounds from Pre-Seed to Series A.
• Fresh capital to drive tech innovation, market expansion, and consumer-centric solutions in India.

The Indian startup ecosystem has set a new record by bagging another round of funding in a few sectors like Climate tech, Travel, Aviation Tech, Retail Apparel and Fashion, and Chemical Manufacturing & Digital Entertainment. It marks another win for the startupreneurs by raising funds and updating the growth probability and standardizing the products and services. The week went by successfully witnessing funds in every stage of funding from Pre-Seed, Pre-series, Seed, Series C, and others.

Funding News: Kiwi Raises $24 Million to Bring Credit Lines to UPI Payments

Startup: Kiwi

Founders: Siddharth Mehta, Mohit Bedi, and Anup Agrawal

About us: Kiwi is a fintech startup pioneering the integration of credit cards with UPI payments. The company enables users to seamlessly access credit lines via UPI, bridging the gap between traditional credit card usage and India’s growing digital payments ecosystem.

Founded Year: 2022

Office: Headquartered in India

Sector: Fintech / Digital Payments

Funding Round: Series A

Investors: Omidyar Network India, Nexus Venture Partners, Stellaris Venture Partners, and existing backers

Kiwi has raised $24 million in Series A funding to expand its credit-on-UPI product, strengthen partnerships with banks, and scale its user base across India. The funds will also be utilized to enhance technology, compliance, and risk management frameworks while broadening financial inclusion by making credit access easier and more transparent for digital-first users.

Website: https://www.kiwiup.com