{"id":966207,"date":"2025-10-06T08:32:29","date_gmt":"2025-10-06T03:02:29","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=966207"},"modified":"2025-10-06T08:43:51","modified_gmt":"2025-10-06T03:13:51","slug":"dhan-turns-unicorn-with-close-of-120-million-fundraise-led-by-hornbill-capital","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2025\/10\/06\/dhan-turns-unicorn-with-close-of-120-million-fundraise-led-by-hornbill-capital\/","title":{"rendered":"Dhan turns unicorn with close of $120 million fundraise led by Hornbill Capital"},"content":{"rendered":"<p>After months of funding discussions, Raise Financial, the parent of stock-trading startup Dhan, has closed a $120 million (Rs 1,000 crore) financing round led by Hornbill Capital, valuing the company at around $1.2 billion (Rs 10,000 crore). The round also saw participation from Japan\u2019s Mitsubishi UFJ Financial Group (MUFG), Beenext, and public-market investors such as Ramesh Damani, DSP Family Office, JM Financial Family Office and Aashish Somaiyaa, CEO of White Oak Capital.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>After months of funding discussions, Raise Financial, the parent of stock-trading startup Dhan, has closed a $120 million (Rs 1,000 crore) financing round led by Hornbill Capital, valuing the company at around $1.2 billion (Rs 10,000 crore). The round also saw participation from Japan\u2019s Mitsubishi UFJ Financial Group (MUFG), Beenext, and public-market investors such as Ramesh Damani, DSP Family Office, JM Financial Family Office and Aashish Somaiyaa, CEO of White Oak Capital.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-966207","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/966207","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=966207"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/966207\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=966207"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=966207"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=966207"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}