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Bitcoin Treasury Expansion Indian IT Firm Fundraising

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
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