Funding
Niyo bags $100 million Series C
By Startup Enthusiast ·
- Date
- Company
- Niyo
- What it does
- Accel and Lightrock lead
- Kind
- Funding
- Amount
- $100 million
- Stage
- Series C
- Based in
- Bengaluru
- Founded
- 2015
What they do
Niyo closed a $100 million Series C round in February 2022, its largest raise so far
What happened
Accel and Lightrock India led, and Beams Fintech Fund came in as a new investor
Why it matters
Existing backers Prime Venture Partners and JS Capital invested again along with a few others, per the company
The details
- Niyo raised $100 million in a Series C round.
- Accel and Lightrock India led it.
- Beams Fintech Fund joined as a new investor.
- Prime Venture Partners and JS Capital invested again.
Investors
More on Niyo
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- Niyo wins GIFT City payment licence8 September 2026 · Policy
- Niyo acquires RemitX forex business for ₹11.4 crore1 September 2026 · Acquisition · ₹11.4 Cr
- Niyo Forex gets permanent RBI dealer licence3 August 2026 · Policy
- Niyo launches zero-markup forex model17 April 2026 · Launch
- Niyo Forex opens Chennai branch1 April 2026 · Launch
- Niyo brings back Sai Sankar as forex chief9 February 2026 · People
- Niyo cuts FY25 net loss 55% to ₹78 crore23 October 2025 · Results · ₹78 Cr