Neo Bags $25 Mn In Third Fundraise This Year

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SUMMARY

Mumbai-based wealth advisory and asset management company (AMC) Neo Group has raised $25 Mn (around INR 221.9 Cr) in a follow-on funding round led by Crystal Investment Advisors (Atha Group)

The company has allocated 2,571 equity shares at INR 8,60,410 each to raise the capital. Crystal Investment contributed INR 193 Cr to the round, while Morde Foods Pvt. Ltd. invested INR 28 Cr

This latest round marks Neo’s third fundraise this year so far. This comes shortly after the Group…



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Neo Bags $25 Mn In Third Fundraise This Year


SUMMARY

Mumbai-based wealth advisory and asset management company (AMC) Neo Group has raised $25 Mn (around INR 221.9 Cr) in a follow-on funding round led by Crystal Investment Advisors (Atha Group)

The company has allocated 2,571 equity shares at INR 8,60,410 each to raise the capital. Crystal Investment contributed INR 193 Cr to the round, while Morde Foods Pvt. Ltd. invested INR 28 Cr

This latest round marks Neo’s third fundraise this year so far. This comes shortly after the Group…



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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