TransBnk 🇮🇳 – Innovative payments platform
Old banks, new moves.
What they do:
• Create safe money boxes. The money stays locked and is released only when both sides are happy.
• Move company cash automatically.
• Match payments without messy spreadsheets.
Why it matters: fewer mistakes, faster deals, less stress.
Real traction:
• Connected to 40+ banks
• 220+ business customers
• Used about 1,500 times a month
• Founded in 2022 by Vaibhav Tambe, Lavin Kotian, Pulak Jain, and Sachin G.
Latest round: On Aug 28, they raised ₹2B ($25M) led by Bessemer Venture Partners, with Arkam Ventures, The Fundamentum Partnership, 8i Ventures, Accion, and GMO VenturePartners,Inc.
Numbers (FY 2023–24): revenue $335K; net loss $156K. Early, focused, and building.
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