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Cheque sizes are expected to range between $500,000 and $3 million.
The funding round was co-led by Sherpalo Ventures and Singapore's sovereign wealth fund GIC.
The funding round saw participation from Merak Ventures, Java Capital, IIMA-CIIE, and investor Manish Gandhi.
The funding round saw participation from new investors such as Hero Investment Office, 35 North Ventures, Indusbridge Ventures, and Monarch Holdings
The funding round saw participation from Accel, Prosus, YourNest Venture Capital, BlueHill Capital, Campus Fund and Riceberg Ventures.
