NCOME, a New Delhi-based fintech platform specializing in escrow-as-a-service, has successfully raised ₹3.6 crore in its pre-seed funding round. This funding round was led by Venture Catalysts, a prominent startup incubator and accelerator, in collaboration with PointOne Capital, a venture capital firm known for supporting early-stage startups. The round also saw significant participation from the idea-phase accelerator fund 9Unicorns, as well as angel investment platform LetsVenture and several other investors.

The funds raised will likely be utilized to enhance NCOME's platform capabilities, expand its market reach, and further develop its innovative escrow services tailored for businesses and individuals seeking secure payment solutions.

This investment highlights growing interest in fintech startups that address critical gaps in secure payment and transaction ecosystems, showcasing investor confidence in NCOME's potential to emerge as a leader in this niche sector.

Apoorv Ranjan Sharma (Co-founder, Venture Catalysts) highlighted that this funding underscores Venture Catalysts' dedication to nurturing the startup ecosystem by supporting businesses that introduce groundbreaking solutions. He emphasized the importance of backing technology-driven startups like NCOME, which address key challenges in payment security and innovation.