The deal with Teachers’ Venture Growth gives Bengaluru-based Perfios a valuation of more than US$1 billion. (The Logic, TechCrunch)
Skip to content
The deal with Teachers’ Venture Growth gives Bengaluru-based Perfios a valuation of more than US$1 billion. (The Logic, TechCrunch)
Talking point: Perfios raised US$229 million in late-stage funding in September from backers including U.S. VC giants Warburg Pincus and Bessemer Venture Partners. The company is reportedly considering raising another US$500 million to go public. Deepak Dara, TVG’s head of India, said Perfios—which provides real-time credit underwriting for financial institutions in 18 countries—“is positioned to play a pivotal role in the digital transformation of financial services companies in India and beyond.” The deal fits with the pension fund’s plan to increase its investments in India, where it has more than US$3 billion in assets under management.
Loading...
Thanks for sharing!
You have shared 5 articles this month and reached the maximum amount of shares available.
CloseThis account has reached its share limit.
If you would like to purchase a sharing license please contact The Logic support at [email protected].
CloseGift the full article!
You have gifted 0 article(s) this month and have 5 remaining.
Recipients will be able to read the full text of the article after submitting their email address. They will not have access to other articles or subscriber benefits.
Most Popular This Week
In-depth, agenda-setting reporting
Great journalism delivered straight to your inbox.
Commentary
Carmichael: The rise of AI-powered solopreneurs could upend how the economy works
Briefing
Celestica completes US$3.45B share sale to meet demand for data-centre equipment
Sun Life pitches itself on Wall Street as an alternative to Blackstone, Apollo
MDA revenue jumps 34% in Q2, raises full-year outlook
Best business newsletter in Canada
Get up to speed in minutes with insights and analysis on the most important stories of the day, every weekday.
Exclusive events
See the bigger picture with reporters and industry experts in subscriber-exclusive events.
Membership in The Logic Council
Membership provides access to our popular Slack channel, participation in subscriber surveys and invitations to exclusive events with our journalists and special guests.
