Other Private Equity/Strategic Investments
Wealth mgmt platform Scripbox to raise Rs.60-Cr in equity, Rs.110-Cr in debt
Bengaluru-based Scripbox is planning to raise Rs.170-Cr through a mix of equity and debt. The firm will raise Rs.60-Cr through equity sale and Rs.110-Cr through debt.Founded in 2012, Scripbox is a digital wealth management platform that facilitates investments across mutual funds, fixed deposits, US stocks, and ETFs (exchange-traded funds), providing personalised financial planning solutions.The company intends to use the capital to support its accelerated growth strategy, strengthen its balance sheet, and prepare for a targeted initial public offering.
Between Jul 2013 and Apr 2023, Scripbox had attracted about $60 M from Accel India, Omidyar Network, Accel USA, DMI Group, InnoVen Capital, Trifecta Capital, and others.For FY25, Scripbox had reported about INR 99 Cr in Operating Income and about INR 8.74 Cr in PAT.
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