News and Announcements
Troozi Opens its Series A Capital Raising for $1.5m
- Published May 08, 2015 11:56AM UTC
- Publisher Wholesale Investor
- Categories Company Updates
Troozi is pleased to be opening the Series A raise for Troozi to Australian Investors today. The round is for $1.5m and limited to 8,500,000 shares at $0.18.
The model is planned around 2 subsequent raises of $3.0m ( Series B, Nov 2015 ) and $3.5m ( Series C, April 2016 ) naturally at higher prices.
Troozi has had a great response with pre-registrations both here and in Asia so would be happy to discuss any questions or details with interested parties as soon as possible
The business has been tracking well against all key forecasted metrics and as you may have read this week, India continues to provide one of the most exciting tech opportunities for startups globally right now, there is an interesting article from the AFR just this week if you missed it.
We anticipate the offer closing fairly quickly. Should you wish to apply for the Series A, please advise as soon as possible.
To download the Troozi Investor Briefing or the Information Memorandum documents, please click on the links below.
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