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LeRemitt Secures $1.25 Million in Seed Funding Led by Axilor Ventures to Revolutionize Cross-Border Trade

LeRemitt Secures $1.25 Million in Seed Funding Led by Axilor Ventures to Revolutionize Cross-Border Trade

July 28, 2023

Bengaluru, Karnataka, India - LeRemitt, a pioneering financial services startup based in Bengaluru, has successfully concluded its seed funding round, raising an impressive $1.25 million. The funding was spearheaded by Axilor Ventures, a leading venture capital firm with a strong track record of supporting innovative and disruptive startups.

LeRemitt aims to simplify and streamline international trade through its cutting-edge cross-border platform. Leveraging the latest technological advancements, LeRemitt provides businesses and individuals with a seamless and efficient solution to carry out global transactions securely and cost-effectively.

Sheetal Jain, the Co-Founder of LeRemitt, expressed her excitement and gratitude for the support received from investors, especially Axilor Ventures. She said, "This funding round is a testament to the incredible potential of LeRemitt's cross-border platform. We are delighted to have the backing of Axilor Ventures and other investors who share our vision of revolutionizing international trade. With this financial boost, we are now better equipped to address the challenges faced by businesses and individuals engaged in cross-border transactions and expand our reach to new markets."

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