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Trust Fintech Secures Rs 5.42 Crore in Pre-IPO Funding Round

Feb 26, 2024•over 1 year ago

Amount Raised

₹54.2 Million

Round Type

seed

NagpurIT Services and IT Consulting

Investors

Sameer GupteRamnath RaikarNitin SathawaneTejas Goenka

Description

Trust Fintech Ltd has successfully raised Rs 5.42 crore in a pre-IPO funding round, paving the way for its imminent IPO on NSE Emerge. The funding round saw participation from notable investors including Tejas Goenka, Nitin Sathawane, Ramnath Raikar, and Sameer Gupte.

Company Information

Company

Trust Fintech Ltd

Location

Nagpur, Maharashtra, India

About

Trust Fintech Limited, (Formerly known as Trust Systems & Software (I) Ltd.) (TFL) was established in 1998. TFL has been involved in providing Software Solutions and Services in the field of Banking, ERP Implementation and Customized Software Solutions Development, SAP B1 and Offshore IT services.

Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

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