US Edition
Infibeam To Use Proceeds Of INR 700 Cr Rights Issue To Bolster AI Play
Summary by Inc42 Media
This story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.1 Articles
1 Articles
All
Left
Center
Right
Infibeam To Use Proceeds Of INR 700 Cr Rights Issue To Bolster AI Play
Fintech company Infibeam Avenues has filed a draft letter of offer to raise INR 700 Cr via a rights issue to invest in its subsidiaries Infibeam Projects, AI arm Nueromind Technologies, and Reddif, and pursue acquisitions in the future. When it materialises, the rights issue would mark one of the largest fundraises for Infibeam till date. While the fintech company netted slightly over $15 Mn in private funding, it raised INR 450 Cr (about $69 M…
Coverage Details
Total News Sources1
Leaning Left0Leaning Right0Center0Last UpdatedBias DistributionNo sources with tracked biases.
Bias Distribution
- There is no tracked Bias information for the sources covering this story.
Factuality
To view factuality data please Upgrade to Premium
