Announced
Financials
Sources
Tags
Private
Acquisition
Venture Capital
India
Single Bidder
trading platform
Cross Border
Friendly
Online and Social Platforms
online platform
Completed
Private Equity
Minority
Synopsis
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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