MetaMap (formerly Mati) has raised Rs 530 crore in Series B funding led by Tribe Capital, with participation from Craft Ventures, Alameda Research (FTX), Titan Capital and prominent angel investors.
The new capital brings the company’s total funding to date to 630 crores, and will be used to invest in product development and furthering its international expansion as it furthers its mission to help billions of people unlock online services.
MetaMap is building their flagship tech hub in India, with over 30 employees already across offices in Bangalore and Gurgaon, and a plan to 5x headcount in India this year. The company is also announcing a number of partnerships with leading Indian fintechs, marketplaces and crypto exchanges in 2022.
Filip Victor, Founder and CEO of MetaMap, said, “The world continues to gravitate towards a more fluid, borderless economy that fosters greater participation from individuals who have typically been excluded from global commerce. However, the tools needed to make this vision a reality are still missing."
