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Fintech startup Indiagold raises $10 Mn funding from Alpha Wave, others

Shortpedia

Content Team
Image Credit: inc42

Fintech startup Indiagold has reportedly raised $10 Mn in an extended Series A funding round from its existing investors – Alpha Wave, 3one4 Capital, PayU, and Leo Capital. As per the regulatory filings, Indiagold allotted 5,323 Series A1 compulsory convertible preference shares (CCPS) at an issuance price of INR 1.45 Lakh apiece to raise about $10 Mn.