Dezerv valuation jumps 50% to $300 Mn in Series B

Wealth tech platform Dezerv recently announced its Rs 352 crore (approximately $40 million) Series C round co-led by Premji Invest and Accel. The Series C round also saw participation from Elevation Capital and Z47 (formerly Matrix Partners India).

While the Mumbai-based company didn’t disclose its valuation, round breakup, or shareholding structure in the announcement, Entrackr examined regulatory filings to uncover these details.

The Dezerv’s board passed a resolution to issue 42,427 Series C CCPS at an issue price of Rs 82,961 each to raise the…