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funding Alert

[Funding alert] Emtech Solutions Raises $4 Mn From Matrix Partners

By Viestories

A leader in contemporary central banking infrastructure, EMTECH Solutions Inc., raised $4 million from a group of international investors, including BTN, Vested World, Equity Alliance, and Lofty Inc., with the help of Matrix Partners India. The money will be used to support the infrastructure technologies that it is currently developing for the central banks and financial technology companies.

[Funding alert] Elev8 Venture Partners Raises $67 Mn In Fund 1

By Viestories

Early-stage growth investor Elev8 Venture Partners, based in Bangalore, disclosed the first secured investment of Elev8-Capital Fund 1 at $67 million. The strategic goal of the fund is to make investments in 12 to 14 "tech-powered industry-agnostic companies" with valuations ranging from $100 million to $500 million, with a range of $10 million to $15 million for each investment.