Immensitas Private Limited announced that it has raised a private placement of 402 compulsory convertible preference shares at a price of INR 5,85,901 for the gross proceeds of INR 235,532,202 in a round of funding led by Bharti Airtel Limited for 8.01% stake in the company on December 22, 2022. The transaction included participation from returning investors, Growx Ventures Management Pvt. Ltd. for 8.04% stake in the company and Artha India Ventures for 17.60% in the company.

The transaction has been approved by the shareholder's of the company.