India-based, One97-backed MobiSwipe will close a series A round between $5m and $7m in early 2015.
India-based mobile payment solutions provider MobiSwipe Technologies is in talks with three to four investors to raise between $5m and $7m for its series A round, according to VCCircle.
MobiSwipe previously raised an undisclosed amount from India-based mobile internet company One97 in a January 2013 seed round. One97 invested via its $100m One97 Mobility Fund. The fund, managed in association with venture capital firm SAIF, makes individual invests between $500,000 and $5m.
The company hopes it will close the series…
