Mobisy raises $3.5m in SIDBI-backed round

The Indian software-as-a-service business is one of the fastest-growing technology firms in the country.

Mobisy, a Bengaluru-based provider of retail software, has this week announced it has raised $3.5m in a second round of funding.

The round was led by SIDBI Venture Capital, the early-stage investment arm of the Small Industries Development Bank of India.

In 2017, Mobisy was named by Deloitte as the third-fastest growing technology company in India.

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