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Emotix has received board approval to raise around INR 1,325.37 Cr ($151 Mn) from AMDG-PAX Foundation through issuance of preferential shares
Its board approved the issue of 22,464 Series D2 CCPS to AMDG-PAX Foundation at an issue price of INR 5,90,000 per share on March 28
Founded in January 2015 by IIT Bombay alumni Chintan Raikar, Prashant Iyengar and Sneh Vaswani, Emotix develops educational and recreational robot toys for children
Mumbai-based robotics company…
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Emotix has received board approval to raise around INR 1,325.37 Cr ($151 Mn) from AMDG-PAX Foundation through issuance of preferential shares
Its board approved the issue of 22,464 Series D2 CCPS to AMDG-PAX Foundation at an issue price of INR 5,90,000 per share on March 28
Founded in January 2015 by IIT Bombay alumni Chintan Raikar, Prashant Iyengar and Sneh Vaswani, Emotix develops educational and recreational robot toys for children
Mumbai-based robotics company…
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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