Argus Partners is pleased to announce that it has advised Arkam Ventures and Fundamentum Partnership on their investment in TransBnk, a leading banking infrastructure platform, as part of TransBnk’s Series B fundraise.
TransBnk has raised USD 25 million in this round, which was led by Bessemer and also saw participation from 8i Ventures, Accion Venture Labs, and GMO Venture Partners.
The company intends to deploy the fresh capital towards hiring sector-specific product specialists, strengthening its technology team, and expanding into new geographies including Southeast Asia and the Middle East, while continuing to build its team in India.
The team at Argus Partners advising consisted of Ankit Guha and Jitendra Soni (Partners) and Sadia Akhter (Senior Associate).