Monday, March 20, 2023
Outlook India
Outlook Business

Premji Invest

Mintifi will utilise the newly-generated fund to expand its footprint in multiple sectors

In FY22 transaction fees charged by Smallcase to brokers made up 33.5 per cent of its total collection, increasing twofold to Rs 9.76 crore

The additional capital raised will be deployed towards scaling the existing business and diversifying its product offering by venturing into digitally enabled financial products

This acquisition comes on the heels of the edtech unicorn’s launch of a $100 million investment war-chest in June this year