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The funding round also saw participation from existing investors Nexus Venture Partners, Titan Capital and WEH Ventures.
Venture capital firm Bessemer Venture Partners joined the cap table as a new investor, while existing backers Khosla Ventures and Peak XV Partners also participated in the funding round.
The funding round saw participation from Noa VC, WND Ventures and angel investors.
Recently, newly listed fintech major Pine Labs and PayU India also got RBI's approval for the three licenses.
The company's net profit jumped to Rs 18.77 crore in FY25 from Rs 37.7 lakh in the previous financial year.
Earlier, the startup had raised $5.5 million in seed funding round from Bessemer Venture Partners, Uncork Capital, and Shopify CEO Tobi Lütke.
The fresh capital will be used for TransBnk's expansion into Middle East and Southeast Asia.
The round, which is a mix of primary (Rs 200 crore) and secondary financing (Rs 40 crore), also included existing investors 8i Ventures and Varanium Capital.
