Private Equity

Angel Investments

Fintech platform Altius raises Rs.6-Cr

MyBigPlunge  

Kolkata-based Altius Investech has raised INR 6 crore at post money enterprise value of INR 51 crore. The investment was raised from associates, professionals and investors. The firm will use the funds to invest in technology, increase working capital and open offices in India and abroad. Altius enables investments into pre-IPO companies and tech unicorns looking to go public. It is also a startup accredited by DPIIT (Govt of India). Non-Resident Indians (NRIs) and expats contribute to nearly 40% of the firm's turnover.