Orbis Financial Raises Rs 102 Crore for Growth

By By Rediff Money Desk, NEWDELHI
Dec 14, 2023 15:32
Orbis Financial Corporation secures Rs 102 crore in funding from Ashish Kacholia, boosting its presence in the financial securities market. Learn more about the investment and company growth.
Illustration: Dominic Xavier/Rediff.com
New Delhi, Dec 14 (PTI) Orbis Financial Corporation on Thursday said it has raised Rs 102 crore which will be used to strengthen its position in the financial securities market.

The company, which started its operations in 2009, provides professional services, and other solutions to investors.

Orbis Financial has completed the fund raise of Rs 102 crore from investor Ashish Kacholia, it said in a release.

This is the second round of fresh investment by Ashish Kacholia in the company.

In both the fund raising rounds, Derivative Saint was the sole advisor to the deal. Earlier, the company raised Rs 111 crore from Ashish Kacholia and others.

Orbis Financial Corporation Limited provides a wide array of security services to different investors like FPIs, insurance companies, and high-net-worth individual.
Read More On:
orbis financialfinancial securitiesinvestmentashish kacholiafund raising
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.
Sectoral Indices Market Indicators Listed Companies Gainers Losers Mutual Funds Portfolio Watchlist
© 2024 Rediff.com