# Cashfree funding: rounds and investors

> Cashfree has raised $59M across 2 rounds since 2019. Investors include Y Combinator, Krafton and Apis Growth Fund II. Every round with its source.

Source: https://millionrounds.com/company/cashfree (Millionrounds; every figure on the page links to its filing or article)

India · [Series C startup](https://millionrounds.com/companies)

# Who invested in *Cashfree*

2 rounds we have observed, with the 4 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Fintech

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Funding summary Updated 5 Nov 2026

**$59M** raised across 2 rounds since 2019, from 4 sources

**$5.5M** Series A **$53M** Series C

- **Latest round:** Series C, $53M Feb 2025
- **Led by:** Krafton
- **Step-up i:** 9.6×
- **Investors:** 4 (1 led)

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2019 2020 2021 2022 2023 2024 2025

**$5.5M** Series A

**$53M** Series C

- **First round:** Series A, $5.5M
- **Biggest round:** $53M
- **Between rounds:** 5.8 years

## The rounds

- **Feb 2025** Series C **$53M** *3 new* *1 returning* [Krafton](https://millionrounds.com/fund/krafton) Lead [Y Combinator](https://millionrounds.com/fund/y-combinator) [Apis Growth Fund II](https://millionrounds.com/fund/apis-growth-fund-ii) [Apis Growth Fund](https://millionrounds.com/fund/apis-growth-fund) Reported by TechCrunch and 2 others SEC filing: $23M sold, first sale Mar 2025
- **Apr 2019** Series A **$5.5M** *1 new* [Y Combinator](https://millionrounds.com/fund/y-combinator) Reported by TechCrunch SEC filing: $5.9M sold, first sale Apr 2019

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Series A** 2019 **Series C** 2025 [Y Combinator](https://millionrounds.com/fund/y-combinator) [Krafton](https://millionrounds.com/fund/krafton) L [Apis Growth Fund II](https://millionrounds.com/fund/apis-growth-fund-ii) [Apis Growth Fund](https://millionrounds.com/fund/apis-growth-fund)

## Everyone who backed them

[Y Combinator](https://millionrounds.com/fund/y-combinator) Accelerator **2** rounds

[Krafton](https://millionrounds.com/fund/krafton) Corporate VC **1** round, led 1

[Apis Growth Fund II](https://millionrounds.com/fund/apis-growth-fund-ii) Growth equity **1** round

[Apis Growth Fund](https://millionrounds.com/fund/apis-growth-fund) Growth equity **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=cashfree).

## Quick answers about Cashfree

### Who invested in Cashfree?

Cashfree's investors include Y Combinator, Krafton, Apis Growth Fund II and Apis Growth Fund. Krafton led its latest round.

### How much has Cashfree raised?

Cashfree has raised $59M across 2 rounds since 2019.

### When did Cashfree last raise?

Cashfree's most recent round was a Series C of $53M in Feb 2025, led by Krafton.

### What was Cashfree's biggest round?

Its most recent round, $53M in Feb 2025, is also its largest on record.

### Who backed Cashfree first?

Cashfree's first round on record, in Apr 2019, was backed by Y Combinator.

### What stage is Cashfree at?

Cashfree's latest named round is a Series C, in Feb 2025.

### Where is Cashfree based?

Cashfree is based in India.

### Who led Cashfree's rounds?

Krafton led the Series C in 2025.

## Companies like Cashfree

In the same sector, and raised in the last eighteen months.

[**PowerUp Money** $22M · Nov 2026](https://millionrounds.com/company/powerup-money)[**Navi** $199M · Oct 2026](https://millionrounds.com/company/navi)[**WillJini** Oct 2026](https://millionrounds.com/company/willjini)[**Mochatrade** $5.5M · Oct 2026](https://millionrounds.com/company/mochatrade)[**axiTrust** $7.6M · Oct 2026](https://millionrounds.com/company/axitrust)[**Scapia** $126M · Oct 2026](https://millionrounds.com/company/scapia)

## Find investors like these

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