Salesforce Venture to lead $15 Mn in app builder Rocket.new

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Mobile app builder Rocket.new (formerly Dhiwise) is set to raise Rs 131.4 crore or $15 million in its extended Series A round led by Salesforce Ventures and existing investors Accel and Together Fund.

This will be the first major funding for the four-year-old company in three years since it raised $7 million in August 2022.

According to its filing with the Registrar of Companies, Rocket.new’s board passed a resolution to issue 4,81,718 Series A1 CCPS at an issue price of Rs 2,728 apiece to raise the above mentioned amount.

Salesforce Ventures will…



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Salesforce Venture to lead $15 Mn in app builder Rocket.new


Mobile app builder Rocket.new (formerly Dhiwise) is set to raise Rs 131.4 crore or $15 million in its extended Series A round led by Salesforce Ventures and existing investors Accel and Together Fund.

This will be the first major funding for the four-year-old company in three years since it raised $7 million in August 2022.

According to its filing with the Registrar of Companies, Rocket.new’s board passed a resolution to issue 4,81,718 Series A1 CCPS at an issue price of Rs 2,728 apiece to raise the above mentioned amount.

Salesforce Ventures will…



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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