Bangalore based API infrastructure provider, Setu, raised USD 15 million from an investor club comprising of Lightspeed Ventures, Falcon Edge and Bharat Inclusion Seed Fund. Setu offers a unique API integration for fintech players to work closely with regulated entities like banks, NBFCs and others. This influx of funds will help the company expand its team and roll out new products.
The Spice Route Legal team comprising of Mathew Chacko, Aadya Misra, Aishwarya Prasad, Kavya Pankaj and Janhavi Joshi advised Setu on this fundraise.
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