Vinsys completes the pre-IPO round at Rs. 200 crore valuation
Kolkata: Vinsys, a IT and software services and software company headquartered in Pune, successfully closed its pre-IPO round.

Marquee investors are led by overseas funds, including NAV Capital Emerging Star Fund and xMultiplied, and domestic players, such as Nova Global Opportunities Fund, Aegis Investment Fund and Sambhavnath Investments.
Earlier this month, the company firmed its plans to list on the SME exchange and appointed Beeline Capital Advisors as Merchant Bankers.
NAV Capital Emerging Star Fund (NAVESF), category I Singapore-based FPI, focussed on the SME sector in India.
Highlighting his investment rationale for Vinsys, Vineet Arora, Managing Director, NAV Capital Limited, said, “Trained workforce continues to be in demand the world over, and unlike the past, the focus remains on upskilling and updation for corporates and governments alike. Vinsys is attractively poised to tap this global opportunity with its vast array of Training and Certification programs, an unparalleled library of Digital Learning, diversified services, and a celebrated legacy of 25 years in the industry. Backed by strong Management and Promoters, we believe Vinsys is an Indian Multinational in the making with offices spread across the globe. Being an early-stage investor in such quality Indian companies aspiring to dominate the global stage, we at NAV Capital are driven to create a substantial capital appreciation for our investors.” NAV Capital Dubai is Investment Advisor to NAVESF.
IBNS
Senior Staff Reporter at Northeast Herald, covering news from Tripura and Northeast India.
Related Articles

CRR cut, AI ethics push, and SORR benchmark: Experts hail RBI’s pragmatic policy moves
Mumbai: The Reserve Bank of India (RBI) has kept the repo rate unchanged at 6.5% while the cash reserve ratio (CRR) has been slashed by 50 basis points to 4 percent, media reports said.

JP Morgan gives 'overweight' rating to Adani Group bonds
Mumbai: US investment bank JP Morgan has assigned an 'overweight' rating to four bonds issued by the Adani Group, citing the group's capacity to scale and grow through internal cash flows, which reduces the likelihood of credit stress.

LG Electronics files DRPH with SEBI; IPO size expected to be over RS 15,000 cr
Mumbai: South Korean electronics giant LG Electronics has filed a draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) on Friday for the proposed public listing of its Indian business, according to a notification on the Bombay Stock Exchange (BSE).

De-dollarisation not on India's agenda; derisking domestic trade is: RBI Governor Shaktikanta Das
Mumbai: India has not initiated any steps towards de-dollarisation and is solely focused on mitigating risks to domestic trade from geopolitical uncertainties, Reserve Bank of India (RBI) Governor Shaktikanta Das clarified on Friday, media reports said.
Latest News

With heavy hearts, devotees bid farewell to Goddess Durga across Northeast

13, including 10 children, die in two separate Durga idol immersion tragedies in Madhya Pradesh

Prez Droupadi Murmu, PM Modi pay tributes to Mahatma Gandhi and Lal Bahadur Shastri on birth anniversaries

Centre orders probe into Tamil Nadu-based cargo firm Wintrack Inc’s charges against Chennai Customs
