instamojo in A Sentence

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    What is Instamojo & how it works?

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    Instamojo today works with and enables over 600,000 MSMEs to build, manage and grow their business.

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    Bengaluru based Fintech Company Instamojo, announced today the closing of its Series-B round of funding.

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    Over the past five quarters, Instamojo also introduced credit products and logistics services- mojoCapital and MojoXPress, respectively.

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    Fintech start-up Instamojo has acquired GetMeAShop, a digital commerce platform for MSMEs, for $5 million in an equity deal.

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    Instamojo began its journey in the Fintech space with its flagship product- The online payment link, thereby solving the digital payments challenge for several entrepreneurs.

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    This acquisition, which is its first since inception in 2012, will allow Instamojo to branch into software offerings as it aims to help small businesses adopt and leverage technology without any prior technical know-how.

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    Speaking on being part of Instamojo's Series B Funding round, Taka Inoue, CEO of AnyPay said,“Our association with Instamojo started in August 2017 and since then we have only seen extraordinary growth at their end, in terms of sales and MSMEs on-boarded on the platform.

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