Exclusive: QpiAI raises Rs 50 Cr in debt from InnoVen Capital

T2Covered by 1 source · first reported by Entrackr at 05 Oct, 11:17 UTC

Bengaluru-based quantum computing and artificial intelligence startup QpiAI has raised Rs 50 Cr in debt funding from InnoVen Capital. The board at QpiAI has approved the issuance of 5,000 non-convertible debentures (NCDs) at a face value of Rs 1 lakh each to raise Rs 50 crore from InnoVen Capital…

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Sources

• T2Exclusive: QpiAI raises Rs 50 Cr in debt from InnoVen CapitalEntrackr05 Oct, 11:17