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Mobavenue AI Tech Approves ₹100 Crore Capital Raise for Expansion
Mobavenue AI Tech’s board approved raising ₹100 crore through a preferential issue to support product development and selective acquisitions in martech and performance marketing. The company’s shares hit a 5% upper circuit following the announcement. Capital deployment will focus on scaling its AI-driven advertising stack and expanding enterprise offerings.
Companies:
- Mobavenue AI Tech
Tags:
- ai
- startups
positive
Mobavenue AI Tech Approves ₹100 Crore Capital Raise for Expansion
Mobavenue AI Tech’s board approved raising ₹100 crore through a preferential issue to support product development and selective acquisitions in martech and performance marketing. The company’s shares hit a 5% upper circuit following the announcement. Capital deployment will focus on scaling its AI-driven advertising stack and expanding enterprise offerings.
Companies:
- Mobavenue AI Tech
Tags:
- ai
- startups
1 min read
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Mobavenue AI Tech approved a ₹100 crore raise to fund AI product expansion and acquisitions, with shares hitting a 5 percent upper circuit after the announcement.
Mobavenue AI Tech’s board approved raising ₹100 crore through a preferential issue to support product development and selective acquisitions in martech and performance marketing. The company’s shares hit a 5% upper circuit following the announcement. Capital deployment will focus on scaling its AI-driven advertising stack and expanding enterprise offerings.
Mobavenue AI Tech’s board approved raising ₹100 crore through a preferential issue to support product development and selective acquisitions in martech and performance marketing. The company’s shares hit a 5% upper circuit following the announcement. Capital deployment will focus on scaling its AI-driven advertising stack and expanding enterprise offerings.
Companies:
- Mobavenue AI Tech
Tags:
- ai
- startups
- ai
- startups
- funding
- india