StartupsInc42about 2 hours ago
Slice Raises $100 Mn at 60% Valuation Cut
3 min read
Slice is raising around $100 Mn at a $450 Mn-$465 Mn valuation, down from $1.25 Bn, as it transitions to a small finance bank after merging with NESFB. Backers include Neo Group, Kado Global, and Moore Strategic Ventures. The bank posted Q1 net profit of ₹50.9 Cr.
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