India based AI-powered reconciliation of digital transactions raised $6m in Series A funding led by Vertex Ventures SEA and Prime Venture Partners.
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Indian fintech startup Recko raises $6m in Series A led by Vertex and Prime Ventures
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Saurya Prakash Sinha, CEO, and Co-founder, Recko, said in a statement, “Transaction reconciliation is not a new problem but the nature and extent of this problem have changed due to rapid digitization of transactions and massive count of B2C transactions especially in internet companies. Over time we have evolved to add COD, logistics and aggregator reconciliation to make it a complete receivables suite. Right now, it is a great time for companies to put systems in place to get ready for the growth when the markets open up.”
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