{"id":345,"date":"2020-06-13T18:25:28","date_gmt":"2020-06-13T18:25:28","guid":{"rendered":"https:\/\/grow.refrens.com\/?p=345"},"modified":"2025-12-03T13:31:38","modified_gmt":"2025-12-03T13:31:38","slug":"refrens-funding-announcement","status":"publish","type":"post","link":"https:\/\/www.refrens.com\/grow\/refrens-funding-announcement\/","title":{"rendered":"Refrens.com Raises Investment From Paytm founder Vijay Shekhar Sharma, FirstCheque and Others For Its Freelancer Focused Business Platform"},"content":{"rendered":"\n

Funds will be used for expanding reach of the platform and adding Freelancer friendly financial services. <\/em><\/p>\n\n\n\n

Bengaluru based startup, Refrens.com, has raised funding from a group of angel investors including Vijay Shekhar Sharma (founder of Paytm) and Anupam Mittal ( Founder of Shaadi.com)<\/strong>. Launched in July 2019, Refrens.com offers a free invoicing, payments and expense management system. The platform is designed for B2B service providers including designers, software developers, accountants, marketers, consultants etc. The startup\u2019s focus is on individual freelancers and small Businesses. The platform currently has 12000 businesses and freelancers using the system, that is currently growing at 10% every week.\u00a0<\/p>\n\n\n\n

The investment round also saw participation from Angelist\u2019s The Collective<\/strong> fund, Mumbai based early stage fund Firstcheque<\/strong>, Amiya Pathak<\/strong> of Ezcred, Gireesh Subramaniam<\/strong> of Freshworks, Sujayath Ali and Naveneetha Krishnan<\/strong> – founders of Voonik.com, Amit Lakhotia<\/strong> of Park+, Ajeet Khurana<\/strong> – CEO of Zebpay, founders and senior management of Kaleyra, founders of DailyNinja, Springrole and few others.  <\/p>\n\n\n\n

Refrens\u2019 founder Naman Sarawagi said, \u201cFreelancers and soloists are the future of work. We are building an important platform to enable them to get payments faster and get more work. It\u2019s really encouraging to have some of the most prominent entrepreneurs in the Indian startup ecosystem to put their trust on us for this endeavour.\u201d<\/p>\n\n\n\n

Kushal Bhagia, CEO of FirstCheque, an early stage fund that invested in this round, said \u201cFreelancers and B2B service providers is a large and growing segment. There are about 15 million white collar professionals in this industry in India alone. There is a huge opportunity in building for this community of users.\u201d<\/p>\n\n\n\n

Kushal Added, \u201cWe have been tracking Refrens from day one and invested when they started showing early growth. The founders are experienced at building internet products of scale. We are excited to be partners in this.\u201d<\/p>\n\n\n\n

The news was first covered by Economic times and Yourstory.<\/p>\n","protected":false},"excerpt":{"rendered":"

Funds will be used for expanding reach of the platform and adding Freelancer friendly financial services.  Bengaluru based startup, Refrens.com, has raised funding from a group of angel investors including Vijay Shekhar Sharma (founder of Paytm) and Anupam Mittal ( Founder of Shaadi.com). Launched in July 2019, Refrens.com offers a free invoicing, payments and expense …<\/p>\n

Refrens.com Raises Investment From Paytm founder Vijay Shekhar Sharma, FirstCheque and Others For Its Freelancer Focused Business Platform<\/span> Read More »<\/a><\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_uag_custom_page_level_css":"","site-sidebar-layout":"default","site-content-layout":"default","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","spay_email":""},"categories":[5],"tags":[],"jetpack_featured_media_url":"","uagb_featured_image_src":{"full":false,"thumbnail":false,"medium":false,"medium_large":false,"large":false,"1536x1536":false,"2048x2048":false,"refrens-yarpp-thumbnail-w200":false,"newspack-article-block-landscape-large":false,"newspack-article-block-portrait-large":false,"newspack-article-block-square-large":false,"newspack-article-block-landscape-medium":false,"newspack-article-block-portrait-medium":false,"newspack-article-block-square-medium":false,"newspack-article-block-landscape-small":false,"newspack-article-block-portrait-small":false,"newspack-article-block-square-small":false,"newspack-article-block-landscape-tiny":false,"newspack-article-block-portrait-tiny":false,"newspack-article-block-square-tiny":false,"newspack-article-block-uncropped":false,"yarpp-thumbnail":false,"web-stories-poster-portrait":false,"web-stories-publisher-logo":false,"web-stories-thumbnail":false},"uagb_author_info":{"display_name":"Sakshi Baid","author_link":"https:\/\/www.refrens.com\/grow\/author\/sakshibaid\/"},"uagb_comment_info":0,"uagb_excerpt":"Funds will be used for expanding reach of the platform and adding Freelancer friendly financial services.  Bengaluru based startup, Refrens.com, has raised funding from a group of angel investors including Vijay Shekhar Sharma (founder of Paytm) and Anupam Mittal ( Founder of Shaadi.com). Launched in July 2019, Refrens.com offers a free invoicing, payments and expense…","_links":{"self":[{"href":"https:\/\/www.refrens.com\/grow\/wp-json\/wp\/v2\/posts\/345"}],"collection":[{"href":"https:\/\/www.refrens.com\/grow\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.refrens.com\/grow\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.refrens.com\/grow\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/www.refrens.com\/grow\/wp-json\/wp\/v2\/comments?post=345"}],"version-history":[{"count":4,"href":"https:\/\/www.refrens.com\/grow\/wp-json\/wp\/v2\/posts\/345\/revisions"}],"predecessor-version":[{"id":26921,"href":"https:\/\/www.refrens.com\/grow\/wp-json\/wp\/v2\/posts\/345\/revisions\/26921"}],"wp:attachment":[{"href":"https:\/\/www.refrens.com\/grow\/wp-json\/wp\/v2\/media?parent=345"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.refrens.com\/grow\/wp-json\/wp\/v2\/categories?post=345"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.refrens.com\/grow\/wp-json\/wp\/v2\/tags?post=345"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}