Orbis Financial Raises Rs 102 Crore for Growth
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.
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.
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.
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.
You May Like To Read
TODAY'S MOST TRADED COMPANIES
- Company Name
- Price
- Volume
- IFL Enterprises
- 1.36 (+ 4.62)
- 97785208
- Franklin Industries
- 3.90 (+ 4.56)
- 27678082
- Vodafone Idea L
- 16.24 ( -3.28)
- 21997451
- Indian Renewable
- 258.80 ( -4.94)
- 14296562
- AvanceTechnologies
- 0.91 ( 0.00)
- 11610872
MORE NEWS
Wipro Transfers Stake in Financial Outsourcing...
Wipro Holdings (UK) has transferred its entire stake in Wipro Financial Outsourcing...
Indian Markets Turn Negative After Record Highs
Indian stock markets experienced volatility on Thursday, turning negative after...
ASK Property Fund Invests Rs 190 Cr in...
ASK Property Fund has invested Rs 190 crore in a real estate project being developed by...