Brief: VEF Portfolio-Company Juspay Announces $60 Mln Financing Round

Vef AB (publ)

16/12/2021 07:07

Dec 16 (Reuters) - Vef AB (publ)  VEFAB.ST :
    * VEF PORTFOLIO-COMPANY JUSPAY ANNOUNCES USD 60 MILLION
SERIES C
FINANCING ROUND
    * VEF ANNOUNCES A USD 6 MILLION FOLLOW-ON INVESTMENT INTO
JUSPAY -
INDIA'S LEADING PAYMENT TECHNOLOGY PLATFORM
    * CLOSING OF ROUND IS EXPECTED TO HAVE A NET POSITIVE IMPACT
OF
APPROXIMATELY USD 10 MILLION COMPARED TO VEF'S LATEST REPORTED
NAV PER 3Q21

Source text for Eikon:  ID:nMFNyB4G 
Further company coverage:  VEFAB.ST 

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