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New Deal


Announced

Teachers’ Venture Growth to invest $80m in Perfios.

Financials

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Transaction Value£62m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Pending

India

payment processing

fintech

FinTech

Single Bidder

Friendly

Acquisition

Private

Private Equity

Cross Border

Majority

Synopsis

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Teachers’ Venture Growth, a late-stage venture and growth equity investments in cutting-edge technology companies, agreed to invest $80m in Perfios, an Indian B2B fintech company. “Our business has been seeing steady growth year-on-year, with consistent improvement in the bottom line. I want to extend my heartfelt gratitude to all our partners who have trusted us throughout our journey. This investment will further help us in strengthening the digital transformation journey of our partners, thereby powering financial inclusion and providing access to financial services to billions across the globe. I am glad to have Teachers’ Venture Growth as a new investor in our Perfios family,” Sabyasachi Goswami, Perfios CEO.

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