NRI-focussed fintech startup Belong raises $5 million in round led by Elevation Capital

Relentless Ventures and angel investors, including Urban Company cofounders Abhiraj Singh Bahl and Varun Khaitan, Zomato CFO Akshant Goyal, Mamaearth cofounder Varun Alagh, PayU senior vice president Vineet Sethi, and Aditya Sharma, partner at McKinsey, participated in the round. The fresh money will be used to acquire regulatory licences, build the product suite, and invest in marketing and geographic expansion.