Sequoia Capital's Investment Reign Funds Indian Citrus


Bangalore: Indian founded Citrus Payment Solutions has been in a good run, Sequoia Capital Investment has funded this payment solution company with an undisclosed amount. Citrus has been in business with a good report having world class clients as their firm support.

The Citrus Payment Gateway platform provides a superior, secure and cutting edge to process online payments for a host of service providers. It provides online bank payment and cards payments solutions for internet retailers in India.

Citrus Payment Solutions boasts itself of having world class companies and banks as their clients. They include - HDFC Bank, SBI, Axis Bank, ICICI Bank, Union Bank of India, Yes Bank, Deutsche Bank, Citibank, Federal Bank, MasterCard and Visa.

Sequoia capital has also invested recently in various other payment companies like Zaakpay – a payment solution company and Prizm Payment Services –a company which provides secure payment services for financial institutions, retailers, and service providers, across multiple electronic channels.

Interestingly, Mohit Bhatnagar the Managing Director of Sequoia has joined the board of the company of Citrus Payments as a part of the deal and the company founder Jitendra Gupta is yet reveal more information about the funding and the process of its usage.