Setu

Financial ServicesSeries ABangalore, Indiasetu.co

Latest round

Series A

Last raised

Apr 2020

Total raised

$18M

Investors

3

About Setu

BrokenTusk Technologies Pvt.Founded in 2018 in Bangalore, India, BrokenTusk Technologies Pvt. Ltd. specializes in providing fintech solutions. The company was formed by a diverse group of founders: Abhishek Bahuguna, Ketan Jain, Nikhil Kumar, Poonam Tyagi, Sahil Kini, Sanjana Puri, and Satish T.Setu operates as a comprehensive fintech platform, offering a suite of products and services designed to streamline financial processes and enhance customer experiences across various sectors. Their core offerings include KYC verification, eSign gateways, account aggregation, and payment solutions such as UPI and BBPS. These tools cater to diverse needs in lending, wealth management, insurance, and banking, facilitating seamless transactions and compliance with regulatory requirements.20, with an EBITDA of USD -8,017,361. The company generates revenue through various transactional models, primarily focusing on B2B partnerships with financial institutions and enterprises.Setu aims to expand its product offerings by designing new financial solutions that will target specific market needs in the next few years. The company is actively exploring entry into new geographic regions, with plans to expand into Southeast Asia by 2025.

Who invested in Setu

3 investors across 2 rounds

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Funding rounds

  1. Series A

    Apr 14, 2020

    Amount

    $14M

    Investors

    Locked

  2. Series A

    Apr 11, 2019

    Amount

    $3.5M

    Investors

    Locked

Questions about Setu

Who invested in Setu?

Setu has 3 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Setu raised?

Setu has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did Setu last raise money?

Setu's most recent round on record is a Series A, in Apr 2020.

What does Setu do?

Setu is a financial services company.

Where is Setu headquartered?

Setu is headquartered in Bangalore, India.

Which VCs invest in companies like Setu?

Among active investors with capital left to deploy, ICBC Capital Management, China Life Capital, GoHigh Capital and ABQH Shenzhen Investment Fund Management back financial services companies at Setu's stage. Their profiles are linked below.

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