Nazara-Backed Rusk Media To Raise INR 74 Cr

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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…



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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.

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