Angel Investments
Investment banking platform MergerDomo raises $500-K from Nadir Godrej, others
Noida-based MergerDomo, an online global tech-based investment banking marketplace, has raised USD 500,000 in a bridge round from existing investors including Godrej Industries Chairman and Managing Director Nadir B Godrej. The startup plans to utilise the fresh capital for strategic investments such as technology upgrades, moving from algorithm-based systems to AI/ML, team expansion, and marketing activities. MergerDomo plans to boost its tech-based offerings by developing advanced features to facilitate M&A, private equity, debt, and JV transactions. It offers a platform for investment banking, M&A, technology sourcing, debt and equity funding opportunities for SMEs and startups.
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