Prime Focus arm DNEG raises Rs 3,000 crore - Business News: Latest News & Videos about market and economy | Trendmergers

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Prime Focus arm DNEG raises Rs 3,000 crore

"It is a proud moment for us as an Indian company is soon going to list on Nasdaq with a valuation of $1.7 billion," Malhotra told ET. "We have raised ₹3,000 crore (approx. $400 million), which will be used to help fund significant investments in technology, increase our capacity, hire additional talent, expand newer business segments such as gaming and content creation, and pursue acquisitions."

from Stocks-Markets-Economic Times
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