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# Indian fintech startup QueueBuster raises around $8 million in Series A
- URL: https://www.techloy.com/indian-fintech-startup-queuebuster-raises-around-8-million/
- Published: 2022-06-13T11:19:19.000Z
- Updated: 2022-12-08T01:38:54.000Z
- Author: Oluwajuwonlo Afolabi
- Tags: / Fintech, Tech in India

[QueueBuster,](https://www.queuebuster.co/) an India-based fintech startup offering POS services has raised $8.16 million in its Series A funding round led by Chiratae Ventures, Omidyar Network India, and Flourish Ventures. 

- The fund will help the startup to develop its products, scale its distributions, and better serve its customer base.
- Founded in 2016, QueueBuster provides a full-stack mobile POS application to manage billing, inventory, and loyalty programs for retailers, restaurants and automobile sales.
- The firm claims it has over 20,000 merchants on its app currently and processes over a million invoices monthly.
- DMI Alternative Investment Fund (the Sparkle Fund) and Unaprime Investment Advisors participated in the round.