Servify is raising INR 85.8 Cr for strategic expansion plans
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Mumbai-based device management platform Servify is now raising fresh capital from its existing investors for strategic business expansion and stability. According to the Ministry of Corporate Affairs filings accessed by Inc42, the company in a special resolution on June 6 decided to create and offer 27,23,163 Series C preference shares at a face value of INR 1 and premium of INR 314.35 per share worth INR 85.87 Cr.