Aurionpro Solutions Limited announced a private placement of 902,935 equity shares at a price of INR 2,215 per share for the gross proceeds of INR 2,000,001,025 on February 12, 2024. The shares will be issued on preferential basis. The transaction will include participation from new and returning investors Varanium India Opportunity Ltd, a fund managed by, Varanium Asset Management for 225,734 shares, Steadview Capital Management LLC for 361,174 shares, and individual investors, Sundar Iyer for 112,867, Vanaja Sundar Iyer for 112,867 shares, Siddharth Iyer for 90,293 per share.

The transaction has been approved by the shareholders of the company. The pre-issuance of the investors Sundar Iyer for 576,096 shares for 2.32% stake, Vanaja Sundar Iyer for 270,000 shares for 1.09% stake, Siddharth Iyer for 200,000 shares for 0.81% stake and Varanium India Opportunity Ltd for 135,710 shares for 0.55% stake. Post issuance Sundar Iyer for 688,963 shares for 2.68% stake, Vanaja Sundar Iyer for 382,867 shares for 1.49% stake, Siddharth Iyer for 290,293 shares for 1.13% stake, Steadview Capital Management LLC for 361,174 for 1.40% stake and Varanium India Opportunity Ltd for 361,444 shares for 1.41% stake.