News

Servify, a Mumbai-based global leader in device lifecycle management, is preparing for a landmark IPO, targeting Q4 2025 or early 2026. Founded in 2015 by Sreevathsa Prabhakar, Servify partners with the world’s biggest tech brands, Apple, Samsung, AT&T, HP, to run their after-sales, device protection, and warranty programmes.

Raise Financial Services, which owns and operates the stock trading platform Dhan, has raised $120 million in a Series B round led by Hornbill Capital, with participation from MUFG and BEENEXT, the company said on Monday.

Fleetx.io, a software-as-a-service platform focused on digitising fleet and logistics operations using artificial intelligence (AI) and the Internet of Things (IoT), has raised ₹113 crore in a Series C funding round. The investment was led by existing backers IndiaMART Intermesh Ltd and BEENEXT’s Accelerate Fund.

Post-sales service firm Servify is raising Rs 66.27 crore (approximately $7.8 million) in its ongoing Series D round led by BEENEXT Capital with the participation of Singularity Growth Opportunities Fund.