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Venture capital firm Helion has invested $8 million (₹49 crore) in Ezetap Mobile Solutions, a provider of mobile phone-based payment services, along with Silicon Valley-based investor Social+Capital Partnership and Berggruen Holdings.
This is the third investment made by Helion in the last 12 months. The firm has an India-focussed corpus of $600 million lined up for investing in technology-powered startup companies.
Ezetap provides Mobile Point of Sale card reader used in hotels, fast food chains and other retail establishments, which is replacing traditional point-of-sale terminals.
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