Ecofy Finance, a non-banking financial corporation focused on climate change solutions, is set to raise Rs 380 crore (approximately $43 million) in its Series B equity round led by British International Investment.
The company’s board has passed a special resolution to issue 20 equity shares and 38.05 crore Series B preference shares at a face value of Rs 10 each to raise Rs 380.5 crore, according to its regulatory filings sourced from the Registrar of Companies (RoC).
British International Investment (BII) will lead the round with Rs 220 crore,…

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