Nazara-Backed Rusk Media To Raise INR 74 Cr

Share via:


SUMMARY

Rusk Media’s board passed a resolution to issue 11,663 Series B CCPS at an issue price of INR 63,493 to raise the sum

Led by Woori Venture Partners, the round will also see participation from IDBI Capital, LC Nueva, Yashaa Global Capital, Nodwin and Info Edge Ventures

The digital entertainment startup plans to use the funds to drive its business growth and meet its working capital requirements

Nazara-backed mobile-first digital entertainment startup Rusk Media is looking to raise INR 74.1 Cr (around $8.5 Mn) in its…



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

Nazara-Backed Rusk Media To Raise INR 74 Cr


SUMMARY

Rusk Media’s board passed a resolution to issue 11,663 Series B CCPS at an issue price of INR 63,493 to raise the sum

Led by Woori Venture Partners, the round will also see participation from IDBI Capital, LC Nueva, Yashaa Global Capital, Nodwin and Info Edge Ventures

The digital entertainment startup plans to use the funds to drive its business growth and meet its working capital requirements

Nazara-backed mobile-first digital entertainment startup Rusk Media is looking to raise INR 74.1 Cr (around $8.5 Mn) in its…



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

Hugging Face releases a 3D-printed robotic arm starting at...

Hugging Face, the startup best known for the...

Huawei aims to take on Nvidia’s H100 with new...

Chinese tech conglomerate Huawei is looking to take...

Indian solar financing startup Metafin bags $10m series A

Metafin has quadrupled its project portfolio over the...

Popular

Upcoming Events

Gold-backed cryptocurrencies spike amid global trade uncertainty

Gold-backed cryptocurrencies have spiked in value amid the...

US dollar to face growing competition for stablecoin dominance:...

While United States dollar-denominated stablecoins dominate the stablecoin...

Why Trump’s economic disruption will be hard to reverse

President Donald Trump has made clear his intent...
GdfFD GFD GFD GFD GFD GFD GFD