Fintech firm PayMate plans to raise pre-IPO funding round, to turn Ebitda positive by Q3FY24
The firm planned to raise a fresh issue of Rs 1,125 crore and an offer of sale of up to Rs 375 crore from its existing shareholders and promoters. and through pre-IPO funding it planning to raise not more than $30 million as per regulations.
Source: moneycontrol.com