Private Equity

Liquidity Events

Raise Financial acquires upskilling platform Valuationary

Entrackr  

Raise Financial Services is to acquire Surat-based e-learning startup Valuationary in a cash and stock deal. Post-acquisition, Valuationary will join and operate from Raise Financial's headquarters in Mumbai along with its 15-member team including the founders. Valuationary will continue to build and scale its financial platform and complement Dhan – Raise Financials' investment & trading platform Founded in 2020, Valuationary helps users to upskill through its courses, live sessions, and social media presence where it simplifies financial news & information. In January this year, Raise had raised USD 22 million in Series A round from Mirae Asset Venture Investments, Beenext, 3one4 Capital, and Rocketship VC. In August last year, it had acquired Mumbai-based stock broking app Moneylicious.