KFin Services Private Limited announced that it will receive equity capital infusion of gross proceeds not exceeding INR 200,000,000 in a round of funding on October 28, 2024. The transaction will include participation from returning investor KFin Technologies Limited. The company will receive funding in one or more tranches.
The transaction has been approved by the board of directors of the company. The company will issue common shares in the transaction.
KFin Technologies Limited is engaged in providing service of registrar to the public issue of securities, registrar to the securities transfers, and back-office operations to mutual fund houses and data processing activities. Its business segments include Domestic mutual fund investor solutions, Issuer solutions, International and other investor solutions and Global business services. It is an investor solutions provider to asset management firms and issuer solutions provider to both listed and unlisted corporations in India, in terms of the number of clients served. It also offers investor solutions and fund administration to asset managers in GIFT City (India), Malaysia, the Philippines, Singapore, Hong Kong, Thailand, and Canada. It offers platform-as-a-service and software-as-a-service based solutions, such as digital onboarding for investors, transfer agency, fund accounting, fund administration, transaction management and other diverse digital services to global asset managers.
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Investor
Investor
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Global
Global
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Quality
Quality
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