The Ken Raises INR 1.47 Cr Funding
The Ken, a digital business news platform from Bangalore received a funding of INR 1.47 Cr from a group of investors that includes Siddharth Bhammar (Executive Director-JP Morgan), Anchal Jain (Portfolio Manager – Balyasny Asset Management) and Murali A (MD – Graticule Asset Management Asia).
Kenrise Media Private Limited, the parent company of The Ken prepared 688 redeemable preference shares of INR 20 per share at a premium of INR 21,386.15 each.
Back in February 2017, the business website was able to receive an angel funding worth INR 2.59 Cr from famous angel investors such as Aprameya Radhakrishna (co-founder of TaxiForSure), Girish Mathrubhootham (CEO of Freshdesk) and Vijay Shekhar Sharma (Paytm founder) among others.
Mahesh Murthy, co-founder of early-stage investment comp...