Funding round · Fintech
Slice approves ₹484.97 crore primary financing within reported $100m transaction
The disclosed primary instruments are separate from secondary share sales included in the broader transaction report.
Primary instruments and secondary sales
Slice approved ₹403.47 crore in compulsorily convertible debentures and ₹81.5 crore in partly paid-up shares, totalling ₹484.97 crore in disclosed primary financing.
Reporting describes a broader $100 million transaction at an approximately $450 million valuation that also includes secondary sales. The proceeds from the primary instruments support growth and operating requirements; the secondary component is not added to the disclosed primary total.
Additional participants
Angel investors also participated in the financing.
Use of funds
Support growth and business operations
Funding history
Funding round · This round₹4.8B