Published on: 2025-05-26 21:30:00
Abound, a remittance app that was spun off by Times Internet in 2023, has raised $14 million in its first external funding round as it aims to reach more Indian expats in the U.S. Remittance flows to India are rising as the Indian diaspora spreads worldwide. In 2024, the South Asian country recorded $129.1 billion in remittances, accounting for 14.3% share of the global market and topping the charts, according to a World Bank report. Abound aims to tap this growth with its mobile app. “Indians
Keywords: abound india mehta said times
Find related items on AmazonPublished on: 2025-05-28 03:30:00
Abound, a remittance app that was spun off by Times Internet in 2023, has raised $14 million in its first external funding round as it aims to reach more Indian expats in the U.S. Remittance flows to India are rising as the Indian diaspora spreads worldwide. In 2024, the South Asian country recorded $129.1 billion in remittances, accounting for 14.3% share of the global market and topping the charts, according to a World Bank report. Abound aims to tap this growth with its mobile app. “Indians
Keywords: abound india mehta said times
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