Indiagold to raise $12 mn in round led by Payu, AWI Fund

Indiagold, a gold-focused digital alternative credit platform, on Friday said it would raise $12 million in a round led by Payu and Alpha Wave Incubation (AWI) Fund. Payu, the payments and fintech business of Prosus, and AWI, backed by Disruptad and managed by Falcon Edge Capital, will lead the round with participation from Better Tomorrow Ventures, 3one4 Capital, Rainmattercapital, and existing investor Leo Capital.