What it means to raise capital now - JetSynthesys
Our parent company, JetSynthesys, has announced that it has raised USD 40 million (Rs 300 crore) from existing shareholders to strengthen its gaming and digital entertainment offerings and interest-based social community platforms.
“We will be investing in our platforms and strengthen our content and technology. We will also be pursuing global partnerships in Japan, US and UK,”
said Rajan Navani, managing director of JetSynthesys.
“We have several initiatives in gaming, content, digital commerce, mindfulness and fintech which are seeing increased traction during Covid times. Our international business with global partners is also seeing increased traction. This funding will allow us to invest more in sales and marketing as well as scale up operations,”
said Kris Gopalakrishnan, non-executive chairman of JetSynthesys.
Especially in this difficult era of the pandemic and challenging global economy, we are proud of the fact to show the world our confidence in our future.
PlayizzOn is the gaming service arm of JetSynthesys group. Feel free to reach out to email@example.com for inquires.
Read more at: https://economictimes.indiatimes.com/small-biz/startups/newsbuzz/jetsynthesys-raises-rs-300-crore-from-existing-shareholders/articleshow/76856250.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst