Mumbai-based Paysense Services India Pvt. Ltd, which operates an online consumer lending platform, has raised $18 million (Rs 123.88 crore) in a Series B funding round, a company statement said. Naspers-owned PayU led the round putting in $11.5 million (Rs 79.14 crore) into the entity, the statement added. The company did not disclose the other participating investors, but a report in The Economic Times said that existing investors Jungle Ventures and Nexus Venture Partners had put in money too.