New Delhi, Delhi NCR, India - TransBnk, a leading Transaction Banking Platform, is thrilled to announce the successful completion of its seed funding round, raising an impressive $1,000,000. The investment was led by 8i Ventures and GrowthCap Ventures, prominent venture capital firms known for their strategic investments in disruptive fintech startups.

TransBnk aims to revolutionize the financial services industry by providing a cutting-edge platform that enables corporate, commercial, and institutional clients to conduct agile, secure, and robust transactions. With a strong focus on embedded finance and SaaS capabilities, TransBnk empowers businesses to navigate the complexities of domestic cash management, payments, escrows, trade finance, supply chain finance, and custodial services in close collaboration with banks.

"We are thrilled to have secured this significant seed funding, which will enable us to take TransBnk to the next level," said Vaibhav Tambe, Co-Founder of TransBnk. "With the support of 8i Ventures and GrowthCap Ventures, we are well-positioned to disrupt the transaction banking landscape and empower businesses with innovative solutions for seamless and efficient financial transactions."