By Team PI on 15, June, 2010 | Channel: Funding

Reliance Venture Invests in Gradatim, Micro Payment Service in Business Process Utility Space

Micro payment solution on demandReliance Venture has invested $9mn in Gradatim, Bangalore based startup in BPU (Business Process Utility) space that offers on demand business process utilities to customers across industries.

Gradatim earlier raised $3mn from NEA-IndoUS Ventures and offers technology platform for MFIs and offers solutions for micro-finance, micro-insurance and micro-payment space.

One of Gradatim’e product, MFResolve is an on-demand, modular product for Micro-finance industry and is based on ‘pay as you use’ functionality.

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    • comment(s) on Reliance Venture Invests in Gradatim, Micro Payment Service in Business Process Utility Space

    One Response to Reliance Venture Invests in Gradatim, Micro Payment Service in Business Process Utility Space

    1. Piyush says:
      June 15, 2010 at 5:07 PM

      Interesting

      Reply