Ayekart to raise new round with 2.8X valuation surge

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Ayekart, a full stack agri-food network is all set to raise Rs 65 crore (approximately $7.4 million) in a fresh round of funding from Vihu Hospitality Pvt Ltd and Enchant Packaging Pvt Ltd.

This funding follows its $6.5 million Series A round raised in February 2024 led by Omnivore, Siana Capital and Unleash Capital.

The Ayekart’s board passed a special resolution to approve the issuance of 5,333 equity shares at an issue price of Rs 1,21,862 each to raise the above-mentioned capital, according to its filing with the Registrar of Companies.

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Ayekart to raise new round with 2.8X valuation surge


Ayekart, a full stack agri-food network is all set to raise Rs 65 crore (approximately $7.4 million) in a fresh round of funding from Vihu Hospitality Pvt Ltd and Enchant Packaging Pvt Ltd.

This funding follows its $6.5 million Series A round raised in February 2024 led by Omnivore, Siana Capital and Unleash Capital.

The Ayekart’s board passed a special resolution to approve the issuance of 5,333 equity shares at an issue price of Rs 1,21,862 each to raise the above-mentioned capital, according to its filing with the Registrar of Companies.

Vihu…



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.

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