Existing investors and some US-based bluechip tech funds participated in the funding round
Apna was founded in June 2019 and in two years it has become one of the fastest Indian startups to achieve unicorn status.
The latest round has pushed the merchant payment and lending service provider's post-money valuation to $2.85 billion
Lightspeed Venture Partners, Tiger Global, Twitter and India Quotient participated in the funding round
The funding round also saw participation of Groww's existing investors — Sequoia India, Ribbit Capital, YC Continuity and Propel Venture Partners