Smallcase's early investors, including Peak XV Partners and WEH Ventures, are looking to partly offload their stakes in the fintech, which is in talks to raise over $50 million in a mix of primary and secondary transactions, three people close to the development told Mint.
The latest round is expected to value the Bengaluru-based startup at about $300-350 million. It last raised $40 million in its Series C funding round, led by Faering Capital, at a valuation of around $200 million in 2021. New investors—Amazon and Premji Invest—took part in the round.
This story is from the December 14, 2024 edition of Mint Mumbai.
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This story is from the December 14, 2024 edition of Mint Mumbai.
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