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…