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CIEL HR Services raised ₹30 crore from 88 investors, including Zoho and Pothys, to fund growth and prepare for a ₹335 crore IPO.
CIEL HR Services raised ₹30 crore in a pre-IPO share placement from 88 investors, including Zoho, Pegasus India, and the Pothys family office, to support expansion, acquisitions, and technology upgrades.
The company, which offers digital HR solutions, plans an IPO featuring a ₹335 crore fresh issue and an offer for sale.
The funding round, approved in November, involved issuing shares at ₹110 each.
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CIEL HR Services recaudó ₹30 crore de 88 inversores, incluidos Zoho y Pothys, para financiar el crecimiento y prepararse para una IPO de ₹335 crore.