MoMoE Raises $1.2mn From IDG Ventures and India Quotient.

Mobile payment startup, Momoe has raised $1.2mn from IDG ventures and India Quotient.

Momoe enables restaurant owners to integrate billing with payment (all via apps). As a customer, you just need to check if a restaurant is Momoe enabled and for the ones who are, you can watch your bill-as-you-order and make the payment directly from the apps.

The funding was actually closed in December 2014.momoe

Watch Momoe’s demo at UnPluggd, India’s biggest startup conference.

With Zomato’s entry into payment and delivery, this is surely an interesting space to watch out for.

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