Funding round · Fintech
Slice approves ₹484.97 crore primary financing within reported $100m transaction
The disclosed primary instruments are separate from secondary share sales included in the broader transaction report.
Primary instruments and secondary sales
Slice approved ₹403.47 crore in compulsorily convertible debentures and ₹81.5 crore in partly paid-up shares, totalling ₹484.97 crore in disclosed primary financing.
Reporting describes a broader $100 million transaction at an approximately $450 million valuation that also includes secondary sales. The proceeds from the primary instruments support growth and operating requirements; the secondary component is not added to the disclosed primary total.
Use of funds
Support growth and business operations
Funding history
Funding round · This round₹4.8B