Ezetap Mobile Solutions, the Bangalore-based pioneer in mobile payments for emerging markets, today announced that is has raised Rs. 150 crores in fresh funding.
Ezetap’s current investors; Social+Capital, Helion Advisors, and Berggruen Holdings are joined by Horizons Ventures, the private investment arm for Li Ka-Shing, and the Capricorn Investment Group in this round. Social+Capital founder Chamath Palihapitiya will become Chairman of Board – the first time the former Facebook executive has taken on this role with a portfolio company outside the United States.