Fly Hi Financial Services Limited announced that it has enter into Share subscription agreement for private placement of 223,600 common shares at a price of INR 248.211091 for gross proceeds of INR 55,500,000 on November 11, 2021.The transaction included participation from new investor Choice International Limited for 11% stake. The company raised funding at the valuation of $6,750,000 (INR 501,684,300).