LCP Image

Back to TSCFM News

Dhani services to raise ₹ 1,200cr from general catalysts

October 21, 2021

Dhani services to raise ₹ 1,200cr from general catalysts

The board of Dhani Services Ltd. has approved an equity fund raise of ₹1,200 crore comparable to 9% stake in the organization via preferential issue of shares to General Catalyst and others.

The Silicon Valley-based investor, which has supported organizations like Stripe Inc. what’s more, Livongo, will put ₹375 crore in the fintech enterprise of Indiabulls co-founder Sameer Gehlaut, who’ll contribute an equal amount. Ribbit Capital has additionally come on board, as have Think Investments and First Royalty Ventures.

The raising money is subject to the approval of the shareholders during a extraordinary general meeting to be held on November 17, according to by regulatory filing on Wednesday.

Dhani is a primary healthcare and transactional finance platform. Its flagship product, One Freedom Card, furnishes clients with instant credit along for additional benefits like access to doctors, discounted medicines, instant cashbacks and a free trading account. The organization claims that it has more than 30 lakh paid monthly subscriptions and in excess of 90 lakh month to month active clients.

Gehlaut, who established Indiabulls Group with two others 20 years ago before splitting in 2014, had stepped down as the executive chairman of Indiabulls Housing Finance ltd in August last year.

Important Links:

Professional Diploma in Digital Marketing: https://tscfm.org/courses/professional-diploma-in-digital-marketing/
Post Graduate Diploma in Management (PGDM): https://tscfm.org/courses/3-in-1-management-program/

Tags:

Current AffairsDigital MarketingFinance

Microsoft launches new initiative to empower AI start-ups

Paytm gets regulatory nod to launch IPO

Recommended for you ...

Modi, Mauritius, and Sri Lanka Leaders Unveil Digital Payment Services

February 12, 2024

Public Sector Banks Surpassing Private Peers, Investors Reconsidering Choices

February 12, 2024

Indian Banks Seek RBI Permission for Global Bond Trading Ahead of Inclusion in Indices

February 12, 2024

About TSCFM

TSCFM is a brand of SMART Institute Pvt. Ltd., which is a part of The Shahani Group of Institutions. We are the only B-school in Mumbai to bring the best of international management education to India. We are ranked No. 3 among colleges offering Global Business Courses in India by Outlook.

Quick Links:

Quick Links

Call us on:

Email:

info@shahanigroup.com

Social Media:

Consult a Career Advisor

Name*

Email Address*

Contact Number*

Select Qualification*

Course*

Nearest Centre*

Residing City*

Your Message

REQUEST A CALLBACK

Kindly Fill up the details to receive a call from our Career expert

Name*

Email Address*

Contact Number*

Select Qualification*

Course*

Nearest Centre*

Residing City*

Your Message

 array(8) 
[
    "obj_type"   => string(6) "module"
    "obj_id"     => string(43) "module:m_root_request-callback-popup:mvqPjK"
    "slug"       => string(22) "request-callback-popup"
    "hash"       => string(29) "m_root_request-callback-popup"
    "title"      => string(22) "request-callback-popup"
    "collection" =>  array(1) 
        [
            "post_type" => string(6) "m_root"
        ]
    "post_type"  => string(6) "m_root"
    "templates"  =>  array(1) 
        [
            "main" =>  array(2) 
                [
                    "code" => string(5504) "
	
  [css.style]
    a.request-callback {
      position: fixed;
      z-index: 999999999;
      left: ~"calc(100% - 37px)";
      top: 50%;
      color: #fff;
      transform: rotate(-90deg) translateX(-50%);
      transform-origin: 0% 0%;
      white-space: nowrap;
      border-radius: 10px 10px 0 0;
      font-size: 16px;
      box-shadow: 0px -3px 8px rgba(0, 0, 0, 0.16);
      &:hover{
          padding-bottom: 15px;
          left: ~"calc(100% - 47px)";
      }
    }
    .request-callback-popup {
        display: none;
        position: fixed;
        left: 0;
        top: 0;
        width: 100%;
        height: 100%;
        z-index: 9999999999;
        overflow-y: auto;
        background-color: rgba(0,0,0,0.6);
        @media only screen and (min-width: 576px) {
            .container {
                max-width: 540px;
            }
        }
        @media only screen and (min-width: 768px) {
            .container {
                max-width: 720px;
            }
        }
        @media only screen and (min-width: 992px) {
            .container {
                max-width: 960px;
            }
        }
        @media only screen and (min-width: 1200px) {
            .container {
                max-width: 1140px;
            }
        }
        @media only screen and (max-width: 767px) {
            .pad-x-8 {
                padding-left: 25px;
                padding-right: 25px;
            }
        }
        .btn{
            white-space: normal;
            img{
                 width: 22px;
            }
        }
        .close-request-callback-popup{
            position: absolute;
            right: 15px;
            top: 0;
            cursor: pointer;
            &:hover{
                color: @brand-secondary;
            }
        }
        .btn.btn-sm {
            font-size: 13px;
            padding: 7px 20px;
            min-height: auto;
        }
        p{
            margin-bottom: 5px;
        }
        .popup-content{
            &.popup-open{
                  animation: slide-in-elliptic-right-fwd 0.7s ease-in-out both;
            }
            &.popup-closed {
                  animation: slide-out-elliptic-right-bck 0.5s ease-in both;
            }
        }
    }

    @keyframes slide-in-elliptic-right-fwd {
      0% {
        -webkit-transform: translateX(2100px) rotateY(-30deg) scale(0);
                transform: translateX(2100px) rotateY(-30deg) scale(0);
        -webkit-transform-origin: -100% 50%;
                transform-origin: -100% 50%;
        opacity: 0;
      }
      100% {
        -webkit-transform: translateX(0) rotateY(0) scale(1);
                transform: translateX(0) rotateY(0) scale(1);
        -webkit-transform-origin: -1800px 50%;
                transform-origin: -1800px 50%;
        opacity: 1;
      }
    }

    @keyframes slide-out-elliptic-right-bck {
      0% {
        -webkit-transform: translateX(0) rotateY(0) scale(1);
                transform: translateX(0) rotateY(0) scale(1);
        -webkit-transform-origin: -1800px 50%;
                transform-origin: -1800px 50%;
        opacity: 1;
      }
      100% {
        -webkit-transform: translateX(2100px) rotateY(-30deg) scale(0);
                transform: translateX(2100px) rotateY(-30deg) scale(0);
        -webkit-transform-origin: -100% 50%;
                transform-origin: -100% 50%;
        opacity: 1;
      }
    }
    .modified-tag{
      color: #000000;
      margin-bottom:revert !important;
    }
  [/css.style]
  
	<a href="#" class="brand-secondary-bg pad-1 pad-x-5 request-callback">REQUEST A CALLBACK</a>
  <div class="request-callback-popup">
      <div class="container">
          <div class="gap-6"></div>
          <div class="row justify-content-center">
              <div class="col-md-8 popup-content popup-closed">
              	<div class="brand-white-bg pad-6">
                  <i class="close-request-callback-popup font-bold font-size-large icon-close pad-x-1"></i>
                  
                  <p class="font-bold mar-b-5 font-size-big modified-tag">Kindly Fill up the details to receive a call from our Career expert</p>
                  [if.empty module.campaign_course]
                  	[form.popup-from.enquiry_form /]
                  [/if.empty]
                  [if.not_empty module.campaign_course]
                  	[form.popup-from.campaign_enquiry_form course="{module.campaign_course}" /]
                  [/if.not_empty]
                </div>
                <div class="is-none">[aw2.get module dump="true" /]</div>
              </div>
          </div>
          <div class="gap-6"></div>
      </div>
  </div>
  <script type="spa/axn" axn="core.run_script">
    $(".request-callback").click(function(e){
        e.preventDefault();
        $(this).fadeOut();
        $(".request-callback-popup").fadeIn("fast");
        $("html").css("overflow-y","hidden");
        $(".request-callback-popup .popup-content").removeClass("popup-closed").addClass("popup-open");
    });

    $(".close-request-callback-popup").click(function(){
        $(".request-callback-popup .popup-content").removeClass("popup-open").addClass("popup-closed");
       	setTimeout(function(){
          	$(".request-callback-popup").fadeOut(200);
        		$(".request-callback").fadeIn(200);
            $("html").css("overflow-y","auto");
        },500);
        setTimeout(function(){
            $("html").css("overflow-y","auto");
        },1000);

    });
  </script>
"
                    "name" => string(4) "main"
                ]
        ]
]

Chat on WhatsApp