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IBSFINtech gets seed fund from Shailesh Haribhakti

, ET Bureau|
Updated: Oct 09, 2017, 09.31 AM IST
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The startup manages $20-billion treasury market transactions in India for its clients.
The startup manages $20-billion treasury market transactions in India for its clients.
AHMEDABAD: IBSFINtech, an integrated treasury management fintech startup, has raised undisclosed seed funding from Shailesh Haribhakti, chairman of Haribhakti & Co, one of India's top risk advisory , auditing and tax consultancy firms.

The startup is also in early stage of discussions to raise growth funding of $2-4 million for scaling up operations globally and for product research and development.

The startup, cofounded by technopreneurs Chandra Mohan Grover and TM Manjunath, both Vijaya Bank veterans, manages $20-billion treasury market transactions in India for its clients including The Times Group (BCCL), the publisher of this newspaper.
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