The funds will be deployed by the Bengaluru-headquartered company for expanding its buy now pay later (BNPL) offering, launching more high-margin products, and geographic expansion
The company will use the Series A funding to primarily invest in product engineering and network infrastructure, Statiq said in a statement
The company plans to use the fresh capital to expand its user base across Tamil Nadu, Karnataka and Kerala and on hiring teams in editorial, sales, marketing, and scaling their robust AI-based technology to minimise human...
