According to a regulatory filing, the company issued 2,571 equity shares at INR 8,60,410 each to raise the funds. Crystal Investment put in INR 193 crore, while Morde Foods Pvt. Ltd. invested INR 28 crore.
The wealth and asset management firm Neo has successfully raised Rs 32 crore (equivalent to approximately $4 million) through a private placement. 2024 marks the initial round of investment for the Mumbai-based startup.
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