Razorpay backs MSME advisory MSMEx in $1 million funding round

Bengaluru: MSMEx, a business advisory platform for micro, small and medium enterprises in India, has raised $1 million in a funding round co-led by digital payments firm Razorpay and investment firm TNF Investments.

The startup had earlier received funds from a clutch of angel investors, including Omidyar Network partner Badri Pillapakkam, SimpliLearn founder Krishna Kumar, Cleartrip’s Chief Technology Officer Manoj Sharma and E&Y partner Heetesh Veera among others.