- Refrens Internet Pvt. Ltd. Was founded by Naman Sarawagi and Mohit Jain in 2019
- Company will utilize the funds for expanding reach of the platform
Refrens, a free Online Invoice and Expense Management platform, has raised an undisclosed amount of funding from a group of angel investors including Vijay Shekhar Sharma (Founder of Paytm) and Anupam Mittal (Founder of Shaadi.com). The company was founded by Naman Sarawagi and Mohit Jain in 2019.
The company will utilize these funds for expanding reach of the platform and adding freelancer friendly financial services.
In a media statement, Naman Sarawagi, Founder, Refrens, said,
“Freelancers 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’s really encouraging to have some of the most prominent entrepreneurs in the Indian startup ecosystem to put their trust on us for this endeavour.”
Refrens is designed for B2B service providers including designers, software developers, accountants, marketers, consultants, etc. The startup’s focus is on individual freelancers and small businesses. The platform currently has 12,000 businesses and freelancers using the system, which is growing at 10 percent every week.