Home Insight FUNDING NEWS- Newly Funded Startups 2024 Trust Fintech Secures INR 5.42 Cr in Pre-IPO Round

[Funding alert] Trust Fintech Secures INR 5.42 Cr in Pre-IPO Round

Trust Fintech Limited (Formerly Trust Systems & Software), is a leading IT Solutions and Services Company in India has secured INR 5.42 Cr in Pre-IPO Round. According to a statement, investors in the Pre-IPO Round included Tejas Goenka, MD of Tally Solutions; Nitin Sathawane, Head of Business at Mphasis Canada; Ramnath Raikar, former Treasury Head at HDFC Bank; and Sameer Gupte, MD at NSDL Data Management Ltd.
Trust Fintech Limited (Formerly Trust Systems & Software), is a leading IT Solutions and Services Company in India has secured INR 5.42 Cr in Pre-IPO Round. According to a statement, investors in the Pre-IPO Round included Tejas Goenka, MD of Tally Solutions; Nitin Sathawane, Head of Business at Mphasis Canada; Ramnath Raikar, former Treasury Head at HDFC Bank; and Sameer Gupte, MD at NSDL Data Management Ltd.
Trust Fintech Limited (Formerly Trust Systems & Software), is a leading IT Solutions and Services Company in India has secured INR 5.42 Cr in Pre-IPO Round. According to a statement, investors in the Pre-IPO Round included Tejas Goenka, MD of Tally Solutions; Nitin Sathawane, Head of Business at Mphasis Canada; Ramnath Raikar, former Treasury Head at HDFC Bank; and Sameer Gupte, MD at NSDL Data Management Ltd.

Trust Fintech Limited (Formerly Trust Systems & Software), is a leading IT Solutions and Services Company in India has secured INR 5.42 Cr in Pre-IPO Round. According to a statement, investors in the Pre-IPO Round included Tejas Goenka, MD of Tally Solutions; Nitin Sathawane, Head of Business at Mphasis Canada; Ramnath Raikar, former Treasury Head at HDFC Bank; and Sameer Gupte, MD at NSDL Data Management Ltd.

Read also – [Funding alert] Tech Startup FOIP Secures Rs 23 Crore in Funding

The Company is committed to provide development and tech-support teams to software and high–tech companies with the required infrastructure at a competitive rate from our State of the art development centers based in Nagpur & Pune,India.

Read also – [Funding alert] Shared Mobility Startup Yulu Secures $19.25 mn Equity Investment

According to the Draft Red Herring Prospectus (DRHP), Trust Fintech plans to use the revenues from the IPO for a number of things, such as building a new development facility at the Mihan SEZ in Nagpur and financing the expansion of its domestic and international operations. 

Read also – [Funding alert] Socialization-Tech Startup Oopar Club Raised Pre-Seed Funding of INR 5 Mn Led by PedalStart

About Trust Fintech

Trust Fintech Limited, (Formerly known as Trust Systems & Software (I) Ltd.) (TFL) was established in 1998. TFL has been involved in providing Software Solutions and Services in the field of Banking, ERP Implementation and Customized Software Solutions Development, SAP B1 and Offshore IT services.

Read also – [Funding alert] Kusho Raises $600K Pre Seed Funding led by Antler India

Team VS

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