Dezerv valuation jumps 50% to $300 Mn in Series B

Share via:


Wealth tech platform Dezerv recently announced its Rs 352 crore (approximately $40 million) Series C round co-led by Premji Invest and Accel. The Series C round also saw participation from Elevation Capital and Z47 (formerly Matrix Partners India).

While the Mumbai-based company didn’t disclose its valuation, round breakup, or shareholding structure in the announcement, Entrackr examined regulatory filings to uncover these details.

The Dezerv’s board passed a resolution to issue 42,427 Series C CCPS at an issue price of Rs 82,961 each to raise the…



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.

Popular

More Like this

Dezerv valuation jumps 50% to $300 Mn in Series B


Wealth tech platform Dezerv recently announced its Rs 352 crore (approximately $40 million) Series C round co-led by Premji Invest and Accel. The Series C round also saw participation from Elevation Capital and Z47 (formerly Matrix Partners India).

While the Mumbai-based company didn’t disclose its valuation, round breakup, or shareholding structure in the announcement, Entrackr examined regulatory filings to uncover these details.

The Dezerv’s board passed a resolution to issue 42,427 Series C CCPS at an issue price of Rs 82,961 each to raise the…



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.

Website Upgradation is going on for any glitch kindly connect at office@startupnews.fyi

More like this

India proposes forcing smartphone makers to give source code...

India proposes requiring smartphone makers to share source...

Elon Musk’s xAI to build $20 billion data centre...

Elon Musk's artificial intelligence company xAI is set...

HomeKit Weekly: Flic brings physical button control to your...

I love the idea of a fully automated...

Popular

iptv iptv iptv