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Bangalore-based payments app FamPay, which is aimed at teens, raises $38M Series A led by Elevation Capital; Sequoia Capital India and others participated (Manish Singh/TechCrunch)

Manish Singh / TechCrunch:
Bangalore-based payments app FamPay, which is aimed at teens, raises $38M Series A led by Elevation Capital; Sequoia Capital India and others participated  —  How big is the market in India for a neobank aimed at teenagers?  Scores of high-profile investors are backing a startup to find out.

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