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Daily Briefing raises Rs 832 Cr fresh round led by Temasek

Mar 23, 2020 by The Passage Team raises Rs 832 Cr fresh round led by Temasek has raised Rs 832 crore in a round led by Temasek after its reported talks with SoftBank for a fresh round fizzled out. This comes less than a year after its previous fundraise.

According to regulatory filings, has allotted 3,17,53,993 Series D2 compulsorily convertible preference shares (CCPS) to a dozen investors. MacRitchie (read Temasek) invested Rs 540 crore while Accel and Chiratae have put in 106.98 crore and 14.26 crore, respectively.

Source: Entrakr

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