Innoviti Nets INR 35 Cr From Existing Backers To Fuel Business Growth

Share via:


SUMMARY

The IPO-bound company’s board passed a resolution to allot 6,95,871 Series M CCPS at an issue price of INR 503.93 each to raise the sum

Angel investor Ashutosh Joshi, who invested in Ola Electric’s Series E funding round, invested INR 20 Cr in Innoviti, while Bessemer contributed INR 3.4 Cr

The fundraise comes close on the heels of reports that Innoviti is gearing up for its IPO with plans to go public as soon as in FY26

IPO-bound fintech soonicorn Innoviti Technologies has raised INR 35 Cr (about $4 Mn) in a…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Popular

More Like this

Innoviti Nets INR 35 Cr From Existing Backers To Fuel Business Growth


SUMMARY

The IPO-bound company’s board passed a resolution to allot 6,95,871 Series M CCPS at an issue price of INR 503.93 each to raise the sum

Angel investor Ashutosh Joshi, who invested in Ola Electric’s Series E funding round, invested INR 20 Cr in Innoviti, while Bessemer contributed INR 3.4 Cr

The fundraise comes close on the heels of reports that Innoviti is gearing up for its IPO with plans to go public as soon as in FY26

IPO-bound fintech soonicorn Innoviti Technologies has raised INR 35 Cr (about $4 Mn) in a…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Website Upgradation is going on for any glitch kindly connect at office@startupnews.fyi

More like this

Truemeds To Raise $44 Mn From Accel India, Others

SUMMARY Mumbai-based healthtech startup Truemeds is raising INR 375.2...

FMCG distributors file petition with CCI against Blinkit, Zepto,...

The petition, which was filed by the distributor body...

Blinkit Pivots To Variable Commission Model To Improve Take...

SUMMARY Blinkit will begin charging sellers and brands selling...

Popular

Upcoming Events

Startup Information that matters. Get in your inbox Daily!

iptv portugal iptv portugal iptv portugal iptv portugal iptv portugal