EximPe, one of India’s fastest-growing business-to-business FinTech companies has raised $3.5 Million in a seed funding round anchored by Leo Capital. The round also saw participation from other investors including RB investments, Founder Bank Capital, iSeed Ventures, 2am VC, LetsVenture, and BoldCap. Additionally, it included landmark Angel investors such as Kunal Shah, Founder, Cred, Rajesh Raju, Managing Director, Kalaari Capital, Axel Wehr, Partner, Firestartr.vc, Aprameya Radhakrishnan, Co-Founder & CEO, Koo, Ankit Nagori, Founder, Curefoods, Giridhar Malpani, Investor, Climber Capital, Rohit M A, Co-Founder & Director, Cloudnine Group of Hospitals, Srini Kopparapu, Director, Broadreach Asset Management, Chakrapani Mantena, Managing Director, Morgan Stanley, Deb Dutt, Managing Director, Goldman Sachs, Dushyant Sapre, Ex-Twitter, Subramanya S V, CEO, Fisdom, and Sunil Rao, Head – Corporate BD, Amazon India, among others.
Founded by Arjun Abraham Zacharia in June 2021, EximPe aims to reimagine cross-border trade by digitising its workflows and providing financial services, in partnership with leading Indian banks. Arjun is supported by a strong leadership team with relevant experience in Cross Border Payments, Fintech, and SaaS. It includes Camillus Carvalho (Former Western Union, KredX & Vayana), who is in charge of the business, John Peter (Former Hubilo & Deloitte) who looks after the product, and Nijesh KU (Former Airbase), who heads technology. The freshly raised funds will be deployed towards bolstering leadership and talent, and also further strengthening the product.
Commenting on the Company’s vision, Arjun Abraham Zacharia, Founder, EximPe said, “As a nation, we aspire to be a powerful Bharat by 2030, and in order to achieve the goal of a $10 trillion behemoth economy, we must transform cross-border trade. We at EximPe are working with this objective to transform cross-border trade for SMEs, by making cross-border payments digital, regulations-compliant, quick, cost-effective, and transparent. We are ecstatic to have gained investor confidence in our efforts to create a neo banking service platform that will reinvent cross-border trade and eliminate the industry’s current inefficiencies.”
Speaking on their investment in EximPe, Rajul Garg, Founder & Managing Partner, Leo Capital said, “EximPe’s phenomenal growth in such a short period of time strongly validates its product market fit. We are excited to back a brand that is poised to disrupt India’s cross-border trade industry and address the traditional challenges associated with it. We look forward to being a part of EximPe’s journey as it revolutionises cross-border payments for Indian SMEs, which will inevitably lead to a further boost in the export-import volumes.”
Arjun’s extensive knowledge and nearly two decades of experience, primarily gained from building a $10 million cross-border business in the India-Southeast Asia-China trade corridor, inspired him to found EximPe and provide the market with the right product. The Company was established with the goal to assist Indian SMEs increase their export and import volumes by providing them with a robust technology platform. It is already seeing strong early adoption in this segment. EximPe is currently operational across the trade corridors of India-China, India-Gulf Cooperation Council countries, and India-ASEAN countries.
