The VC firm claimed that the secondary exit came at the same valuation on which the startup raised primary capital in its Series B2 funding round
3one4 Capital’s investment in Tonetag was made through its $41 Mn fund II via which it typically signed cheques of up to $1 Mn
ToneTag turned profitable in FY24, registering a PAT of INR 21 Cr against a loss of INR 6.1 Cr in FY23
Venture capital firm 3one4 Capital has announced its complete exit from digital payments solutions provider ToneTag about four months after the…