BASIX Sub-K raises ₹75 crore from Maj Invest

Date posted: Thursday 10 October 2019

Fintech player BASIX Sub-K iTransactions Limited has raised Series C round of ₹75 crore (₹750 million) from Denmark-based Asset Management Company, Maj Invest. Hyderabad-based Sub-K plans to utilise the funds for product innovation and strengthening the IT platform to make the company a preferred fintech as well as a distribution partner for banks and financial institutions.

(Business Line)