Calpian, a US electronic payments processing company, is set to see sales figures in its India-based investment, My Mobile Payments, grow substantially if the target company raises an anticipated series B round of between $75m and $100m, which will fuel an ambitious sales and marketing campaign.
India-based My Mobile Payments, a company that runs a mobile payment platform that enables users to buy products and make payments in India, is reported to be fundraising to the tune of $100m in a series B round of funding. The latest round of investment follows a 2012 deal worth $29.7m backed by US-based electronic payments processing firm, Calpian.
