Aditya Birla Financial Services Limited announced that it has received INR 7,037,360,000 in an equity round of funding from new investor, PI Opportunities Fund I, a fund managed by PremjiInvest on June 29, 2017. The company issued 48,400,000 shares at a price of INR 145.40 per share which includes INR 135.40 share premium in the transaction. The investor has acquired 2.2% stake in the company. The company reported total revenues of INR 6,190,000,000 and net income of INR 58,860,000,000 for the year ended March 31, 2017. The funding was raised at a post money valuation of INR 320,000,000,000.