Singapore-based Gunosy Capital and Japan-based Base have invested an undisclosed sum in Instamojo, a digital enabler and payments platform for micro-businesses. This is the second investment from Gunosy Capital to Instamojo. In January 2019, Gunosy had participated in Instamojo’s Rs 50 crore Series B round.

The investment from Base is strategic for the Bengaluru-based company. Base went public in September 2019 and is known as Shopify of Japan. For the past year, Instamojo has been positioning itself as a digital enabler for small merchants and besides capital Base would help it in overseas and local markets with expertise and technology. 

Continue reading Instamojo raises fresh capital from Gunosy and Base; to explore global markets at Entrackr.