Bengaluru based payment-tech Slice raised $220 million Series B funding round led by Tiger Global and Insight Partners at an estimated valuation of ~1 billion, making the fintech startup India’s latest unicorn. The round also witnessed participation from new investors Sunley House Capital, Moore Strategic Ventures, Anfa, as well as existing investors Gunosy, Blume Ventures and 8i Ventures. The startup has raised a total funding of $291 million till date.
Founded in 2016 by Deepak Malhotra and Rajan Bajaj, Slice offers payment cards with a focus on Gen Z and Millennials, and enables them to pay bills, manage expenses and unlock instant rewards.
