Jetking Infotrain to Raise ₹6.6 Crore for Bitcoin Expansion
- Mumbai-based IT education firm Jetking Infotrain Limited plans a fundraise.
- The amount targeted is ₹6.6 crore, equivalent to $793,000.
- The funds will be raised through a preferential share issue.
- Proceeds aim to expand the company’s bitcoin reserves.
- Chief Financial Officer Siddarth Bharwani confirmed the initiative.
Jetking Infotrain Limited, an IT education firm in Mumbai, announced its intention to raise ₹6.6 crore ($793,000) via a preferential share issue. This strategic move aims to bolster their bitcoin reserves and support cryptocurrency initiatives, as confirmed by CFO Siddarth Bharwani.
Source (2.6)https://news.bitcoin.com/indian-it-firm-jetking-to-raise-funds-for-bitcoin-treasury-expansion/?rand=52384