Cashfree

Raids at Paytm and Cashfree: ED freezes Rs 46 crore held in payment gateway accounts

ED discovered damning papers during the raids and discovered sizable balances kept in the virtual accounts of the involved firms with payment aggregators.

ED raids Razorpay, Paytm, and Cashfree in Chinese loan app case

During the raids, the federal investigation agency said it seized Rs 17 crore in funds held in "merchant IDs and bank accounts of these Chinese persons-controlled entities."

Cashfree’s funding led by Apis Growth Fund touches $35 mn