Grex raises Rs 4 crore to strengthen technology

206

grexGREX, an alternative investments platform for start-ups and unlisted companies, has raised Rs 4 crore from private equity investors.

The first round of funding will be utilised to strengthen GREX’s IT backbone and introduce new financial products and features on its transaction and information sharing platform for unlisted companies.

“GREX’s intention is to ensure we build a participative ecosystem and bring down the cost of capital for the companies,” Manish Kumar, founder & CEO, GREX said in a press statement.

Over 200 start-ups across India and over 150 investors have begun their registration on the platform.

GREX is building seamlessly integrated exchange-like platform and its associated ecosystem of participants to bring together private eligible Investors and high growth Unlisted Companies for information Exchange and Securities Transactions.

The Banking & Finance Post is an initiative of Elets Technomedia Pvt Ltd, existing since 2003.
Now, Elets' YouTube channel, a treasure of premier innovation-oriented knowledge-conferences and awards, is also active. To Subscribe Free, Click Here.

Get a chance to meet the Who's who of the BFSI industry. Join Us for Elets BFSI Gamechanger Summit, Goa and explore business opportunities. Like us on Facebook, connect with us on LinkedIn and follow us on Twitter, Instagram & Pinterest.