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Fintech startup Pelocal raises $5 million from Unleash Capital Partners, Unicorn India Ventures and angels

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Fintech platform Pelocal has raised $5 million in a funding round led by Unleash Capital Partners and Unicorn India Ventures, with a group of angel investors also participating.

Noida-based Pelocal had earlier raised $2 million in a round last October from Unicorn India Ventures. The company said the latest funding will be used to expand product development and strengthen its go-to-market strategy.

Founded in 2021 by Vivekanand Tripathi and Vikas Garg, Pelocal provides an artificial intelligence (AI)-led payments orchestration platform that embeds…

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