slice slashes valuation 60% for $100M funding round
Former fintech unicorn slice, now transitioning to a small finance bank, is raising approximately $100 million. The funding round values the company between $450 million and $465 million, a steep drop from its previous valuation.
Sources: inc42.com
“This marks another fintech down-round as investors recalibrate expectations amid tighter funding conditions and regulatory shifts in India’s banking sector.”
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