On June 28, 2021, Loconav, Inc. closed the transaction. The company has received $37,000,000 in a round funding from Quiet Capital Management LLC, Anthemis Group SA, Sequoia Capital India Advisors Private Limited, RIT Capital Partners plc (LSE:RCP), Uncorrelated Ventures, Village Global Management, L.L.C., new investor Foundamental GmbH, individuals investors Anjali Joshi, Anand Chandrasekaran, Manik Gupta, Jai Shekhawat, Mark Licht, Akhil Paul, Vas Bhandarkar, Ajay Agarwal, Abhi Ingle, Aadil Mamujee and other investors. The company has raised $47,000,000 in funding till date. The company has received $35,628,435 pursuant to exemption provided under Regulation D from 23 investors.