In July 2016, refund.me India in a Joint Venture with refund.me GmbH started its operations in India with Akanksha Anshu as a Co-founder & Managing Director and Eve Buchner as the co-founder & Director.
The new fund will earmark a certain portion of its investment assets to Indian startups that have an interest in the Bahrain region and those that are planning to scale up their operations in the middle-east.