Asset Servicing Startup Dovetail Capital Raises Rs 100 Crore In Funding From Elev8 Venture Partners
Economic Times
Mumbai-based asset servicing company Dovetail Capital has secured Rs 100 crore in equity funding from Elev8 Venture Partners in its first institutional funding round.
As a part of this infusion, Dovetail has received Rs 70 crore in primary capital and Rs 30 crore in secondary capital, which goes to existing investors in lieu of their shares and does not get pumped into the company.The firm, which was founded in 2017, counts famed stock market