Aspora gets $50M from Sequioa to build remittance and banking solutions for Indian diaspora

TechCrunch
By Ivan MehtaJun 16, 2025, 1:00 am358 ptsTop
India has been one of the top recipients of remittances in the world for more than a decade. Inward remittances jumped from $55.6 billion in 2010-11 to $118.7 billion in 2023-24, according to data from the country’s central bank. The bank projects that figure will reach $160 billion in 2029. This means there…

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