Funding
Niyo raises $30 million from Multiples
By Startup Enthusiast ·
- Date
- Company
- Niyo
- What it does
- Multiples adds to Series C
- Kind
- Funding
- Amount
- $30 million
- Stage
- Growth
- Based in
- Bengaluru
- Founded
- 2015
What they do
Niyo took $30 million from Mumbai private equity firm Multiples Alternate Asset Management in July 2022
What happened
Avendus Capital advised on the deal, which came months after the $100 million Series C round
Why it matters
Niyo said 2022 fundraising reached $130 million and total money raised came to about $180 million, to be used for products and customers
The details
- Niyo raised $30 million from Multiples Alternate Asset Management.
- Avendus Capital was the financial adviser.
- The money adds to the $100 million Series C, making $130 million in 2022.
- Total funds raised so far are about $180 million.
Investors
More on Niyo
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