FPL Technologies is a Pune-based fintech start-up based in Pune, has raised $75 million as part of its Series C funding round, led by its existing investor – QED Investors along with Janchor Partners Sequoia Capital India, Matrix Partners and Hummingbird Ventures. The fresh equity is raised at a post-money valuation of $750 million.
- PTC Industries Shares Soar 4% on Inking a Supply AgreementΒ
- HCL Tech Shares Gain 2% on Partnering Up with StrategyΒ
- Shares of Shriram Pistons skyrocketed 9% on Acquiring Antolin Lighting
- Stocks in Focus: Lloyds Engineering, SEAMEC, RailTel, and Others
- Overnight Stock Market Movements: Key DevelopmentsΒ
The current funding comes within ten months after the company raised its Series B funding of $35 million. The latest round of investment brings FPL Technologiesβ total funding since launch to approximately.
Live