Mumbai: The board of Dhani Services Ltd. has approved a equity fundraise of Rs 1,200 crore—equivalent to 9% stake in the company—by way of preferential issue of shares to General Catalyst and others.

The company claims that it has over 30 lakh paid monthly subscriptions and more than 90 lakh monthly active users. The company has a customer base of 3 crore customers spread across 500 cities in India.

Dhani Services To Raise Rs 1,200 Crore From General Catalysts, Others

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Dhani Services To Raise Rs 1,200 Crore From General Catalysts, Others

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