Seshaasai Technologies Ltd is a technology-driven provider of payment solutions that crafts payment and communication instruments such as debit and credit cards. The company has received regulatory approval for its IPO. It executed a private placement of 28.4 lakh equity shares at Rs 423 each as part of a pre-IPO capital raise. Seshaasai secured Rs 120 crore in the round. The fresh proceeds will be used to expand manufacturing, reduce debt, and for general corporate purposes. Investors in this raise include Tata AIG General Insurance Company, VQ FasterCap Fund II and Valuequest India G.I.F.T Fund, with Tata AIG taking 14.18 lakh shares and the other funds taking 7.09 lakh shares each.

Total raised

$14M

Funding rounds

1

Latest round

Equity

Latest activity

Aug 2025