Mokobara prepares ₹90.66 crore Series C led by Sauce VC
The reported allotment includes Peak XV Partners, Niveshaay Sambhav Fund, Ayra Ventures and other existing investors.
A new allotment after the February 2024 round
Mokobara is set to raise ₹90.66 crore in the Series C led by returning investor Sauce VC, with Peak XV Partners, Niveshaay Sambhav Fund, Ayra Ventures and other existing backers participating. Reporting puts the post-money valuation at approximately ₹1,930 crore.
The financing follows the ₹100 crore Series B announced in February 2024. The latest allotment is intended to support growth and strengthen the company’s financial position.
Use of funds
Support growth objectives
Strengthen financial position
Build long-term growth