The access to a country the size of China, the world’s second-largest economy and consumer market is a powerful reason for linking up.
The company, which operates in the country under its registered name of Kisetsu Saison Finance India, has also received $30 million from the Tokyo Stock Exchange-listed parent entity.
Creador Advisors and Morgan Stanley PE led the round.
Jain, who will be based in Singapore, will be part of the investment firm’s Growth team.
Firm to use funds to build consumer lending business, digital platform.
Terraview claims to be the world’s first image processing startup focused on vineyards
Chennai-based startup says will use proceeds to ramp up network of farmers, launch new tech tools ad expand monetisation
The impact investment platform will use the proceeds to further push into Africa and Southeast Asia; Is targeting AUM of $7 billion by 2025-26.
The transaction is expected to value Wow! Momo at about Rs 860 crore, an almost three-fold jump from its last funding round in June last year.
The startups want a revision in rules that govern the listing of startups on Indian stock exchanges.
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