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New Deal


Announced

DST Global led a $153m Series B round in Ajaib.

Financials

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Transaction Value£112m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Private

Acquisition

Venture Capital

India

Single Bidder

trading platform

Cross Border

Friendly

Online and Social Platforms

online platform

Completed

Private Equity

Minority

Synopsis

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DST Global, a venture capital and private equity firm, led a $153m Series B round in Ajaib, an online platform for trading stock, with participation from Ribbit Capital, Horizons Ventures, Iconiq Capital, IVP, Insignia Ventures, Alpha JWC and SoftBank Ventures Asia. Ajaib’s cofounder and CEO Anderson Sumarli says the company plans to use the funds to recruit product and engineering talent and launch new products to attract more first-time investors.

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