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The funding round also saw participation from Sharad Sanghi, Antler India, Sandeep Singhal and Paula Mariwala.
The funding round also saw participation from 360 ONE Asset, IMM Investment, as well as existing investors Radical Ventures, growX Ventures, and others.
The round also saw participation from Baring Private Equity India, Saison Capital Pte. Ltd. and UNLEASH, along with other investors.
The round values the digital banking startup at $450 million, marking a steep decline from the $1.5 billion it commanded in 2022.
The Noida-based startup will use the funding to expand its AI tutoring platform and reach more schools and students.
The funding round also witnessed participation from several industrial entrepreneurs and existing investors, including Nikhil Sawhney and Varun Agarwal.
The round also saw participation from Antler Elevate, Antler India, Manish Gandhi and Shastra VC.
The funding round also saw participation from existing investors Together Fund and Array VC.
The funding round also saw participation from existing investors Arkam Ventures and Capital 2B.
The funding round saw participation from DoorDash, Lachy Groom, Lightspeed and Humba Ventures.
The funding round also saw participation from India’s national badminton coach Pullela Gopichand, Darwinbox co-founder Rohit Chennamaneni, Swiggy co-founder Nandan Reddy and other angel investors.
Nexedge plans to use the fresh capital to strengthen its technology platform, expand its senior banker network and increase its presence across India, including in tier-II and tier-III cities.
The round also saw participation from existing investors Notable Capital, NEA, Neo Ventures and 8VC, along with new investors Acrew, Forerunner, Goodwater and Peak XV.
The investment comes as the Sachin Bansal-led fintech firm prepares to file documents for initial public offering.
With the latest funding, the microfinance institution has raised Rs 70 crore in total funding during the current financial year ending on March 31, 2027.
The round also saw participation from Vertex Ventures Southeast Asia and India and existing investor 3one4 Capital.
In addition, the company raised Rs 110 crore in debt from IDFC and Axis Bank.
Abu Dhabi's AI and advanced technology investor MGX is one of the investors Mistral is in talks with for the fundraise.
The startup will use the fresh investment to expand its team in Bengaluru and London.
The latest funding round valued the Delhi-based startup at Rs 45 crore.
